Raanana Real Estate: Buy, Invest and Manage Your Property — Shalev Properties
Buying · Israel

Raanana Real Estate: Buy, Invest and Manage Your Property

A green, residential city in the Sharon region, Raanana is known for its parks, schools and large English-speaking community. Away from the bustle of the coast yet close to major employment hubs, it appeals to families who want a relaxed neighborhood life in a well-kept setting. We support you from the first shortlist to the handover of keys, and manage the property afterwards if you're still abroad.

Off-market selection

Properties for sale in Raanana

Get our property selection, off-market included

Raanana is a family market where homes often change hands through recommendations within the community. Rather than an online catalogue, we run a tailored search: tell us the type of home, the number of rooms and the schools or synagogues that matter to you, and we'll send vetted properties, off-market ones included, that fit how you actually live.

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The best neighborhoods to buy in Raanana

In Raanana, choosing a neighborhood is usually about schools, parks and community life. These are the areas our clients ask about most.

Neve Zemer

A sought-after residential neighborhood made up largely of detached houses and cottages with gardens on quiet streets. It feels green and family-oriented, with schools and local shops nearby. Especially suited to families who want a house and a peaceful setting within easy reach of the town centre.

Lev HaPark

Built around Raanana's large park, this newer neighborhood offers modern residential buildings, often with lifts, parking and generous balconies. The park, with its lake and playgrounds, becomes part of daily life. A natural fit for families and buyers looking for a new or recent apartment in a very green environment.

Town centre and Ahuza Street

Ahuza Street is Raanana's main artery, lined with cafés, restaurants and shops. The surrounding streets offer apartments in buildings of various sizes, some undergoing urban renewal. Everything is walkable and lively. This area appeals to buyers who want central convenience, including for a rental investment.

Buying in Raanana from abroad

Many of our Raanana buyers are planning aliyah, or buying for their children, from the US, the UK, Canada or South Africa. Here is how buying remotely works, and which costs to plan for.

  1. 1

    Search

    We start with a call to pin down your brief: budget, the type of home you want, how you plan to use it in Raanana (main residence, holiday base, rental investment) and your timing. From there we shortlist listed homes and off-market opportunities that we have checked first, so you only spend time on serious options.

  2. 2

    Viewings, on site or by video

    If you are in Israel, we arrange a day of back-to-back viewings. If you are abroad, we run live video tours: we walk the whole flat, open cupboards, test the light, film the stairwell, the street and the neighbours' view, and answer questions in real time. Nothing is left to the imagination.

  3. 3

    Offer and negotiation

    Once you have chosen, we build a price argument based on recent comparable deals and the condition of the property, then negotiate on your behalf. Every step is confirmed with you in writing, in English or French.

  4. 4

    Due diligence by a lawyer

    In Israel, both buyer and seller are represented by their own lawyer. Yours checks the Tabou (the national land registry), any mortgages or liens, building permits, the status of any extensions and the building's legal standing. We work with independent lawyers who are used to foreign clients.

  5. 5

    Signing the contract

    Your lawyer negotiates and drafts the sale agreement: payment schedule, handover date, guarantees and conditions. Signing can be done in person or under a power of attorney if you cannot travel.

  6. 6

    Mortgage (mashkanta)

    A mashkanta is an Israeli home loan. Israeli banks do lend to non-residents, under specific conditions. We put you in touch with specialist mortgage advisers who compare offers and prepare your file, ideally before you make an offer.

  7. 7

    Purchase tax and Tabou registration

    Every buyer pays mas rechisha, the Israeli purchase tax, calculated on the price and on your status (first home, additional home, new immigrant). Your lawyer files the declaration, then registers the transfer at the Tabou so the title is legally yours.

Costs to plan for

Lawyer's fees

Your own lawyer, who runs the due diligence, the contract and the registration. Fees are agreed with them upfront.

Brokerage

The agency fee, set out in writing before any viewing, as Israeli law requires.

Purchase tax (mas rechisha)

Depends on the price and your buyer status. Your lawyer calculates it precisely for your case.

Survey and valuation

An engineer's inspection of the property and, if you take a mortgage, the valuation required by the bank.

Calculate your costs

New developments and off-plan in Raanana

New supply in Raanana mostly comes as residential buildings in the newer neighborhoods and urban renewal projects replacing older buildings in the centre. Houses are usually resales, sometimes with room to extend, so permits need checking carefully. We help you assess each project, from the developer and guarantees to the timeline, together with your lawyer.

See our new-build projects serviceRead our guide to buying off-plan in Israel

Rental yield and managing your property

Rental demand in Raanana is driven by families, often newly arrived, who rent while they settle in before buying. They tend to be stable tenants who care about the home and nearby schools. We handle letting, tenant selection, maintenance and reporting, as we have for over 13 years for more than 450 owners.

Property management in Raanana
FAQ

Buying in Raanana: your questions

Yes. The city has a large international community, with schools, synagogues and organisations popular with families from abroad. We help you pick a neighborhood on those criteria.

Houses are mainly found in areas such as Neve Zemer; recent apartments in areas such as Lev HaPark or around the centre. We compare the options with you.

Yes. We run video viewings and you can sign through a power of attorney. Your lawyer also checks how your status affects the purchase tax.

Lawyer's fees, brokerage, mas rechisha and a technical survey. The tax depends on your personal status; your lawyer calculates it precisely.

Yes. We let and manage the property until you arrive, then arrange the end of the lease and any refresh when you're ready.

Guide: buying your first home as a new oleh