Looking for an apartment for rent in Netanya? Call us or browse our real estate catalog.
It is no secret that apartment prices in Israel are very high. Netanya is no exception. Prices for the most modest apartments in Netanya start at 300-400 thousand shekels, and ends with several million dollars.
The purchase of their own homes can afford either very wealthy people, or who took a loan from the bank for several years or decades. It is for this reason, a very large part of the population of Israel lives in rented apartments.
If you are not a tourist, you should rent an apartment for a long term. Short-term rent will be much more expensive.
Features of long-term rentals in Netanya
Long-term rentals in Netanya have a number of differences from short-term rentals.
The lease agreement can be concluded for any term. However, in Israel it is customary to conclude a long-term lease for a period of 1 year. For the landlord of the property it is advantageous in that he receives income for a long time. After a year, both parties can either extend the contract or terminate it.
In addition, utilities are reissued to the tenant. That is, the bills for gas, electricity and water will come in your name. In case of non-payment during your stay, the state will claim the debt from you, not from the landlord.
How to rent an apartment in Netanya for a long term?
There are 2 ways to rent an apartment for a long term:
- with the help of a broker
- on your own
There are pros and cons to each method.
If you are looking for an apartment on your own, you can save money on the broker’s commission. The disadvantages of this method are several:
1. It can take a long time to find a suitable home. Since you do not have a real estate brokerage, it becomes difficult to find an apartment in Netanya.
Most of the ads on websites and social networks are submitted by brokers, and it is very difficult to reach the owner of the property.
2. If you do find an apartment without a real estate broker, the landlord may not be very honest. Often there are cases when the landlord keeps silent about the problems in the apartment, and the tenant has to solve them.
The most common problems are an old, faulty water heater, wiring problems, mold, windows that leak when it rains.
3. Some landlords require collateral, a guarantor, bank statements on account movements and so on. Most often, it is easier to find another apartment than to satisfy all the whims of such a landlord.
4. The terms in the contract are often not favorable for the tenant. Landlords try to protect themselves from repair problems, but the tenant is often not protected from problems with the apartment.
You need to scrutinize the contract carefully and make the necessary adjustments. This becomes a big problem if you do not speak or read Hebrew.
5. After the contract is signed, you need to visit a number of government offices, to re-register the utilities to yourself.
If you enlist the help of a broker, you will have to pay a commission for his services. Usually the commission is the cost of 1 month of living in the rented apartment.
The advantages of using a broker are as follows:
1. Brokers have a large database of apartments in all neighborhoods and price categories.
2. A good broker can bring down the cost of the monthly rent. The amount saved over a year often completely covers the cost of the broker.
3. The broker translates the contract himself, makes your amendments and negotiates with the landlords.
4. In case of any faults in the apartment, the broker himself contacts the landlords and solves the repair issues.
Looking for an apartment for rent in Netanya? Call us or browse our real estate catalog.
