“Buyers from mainland China have been active in the Israeli market for more than a decade, but we have never seen such a sudden and meteoric increase in activity”

Mainland property buyers eye Tel Aviv amid Israel’s flourishing trade ties with China and Gulf peace deals
by Cheryl Arcibal
March 30, 2021

China’s growing investment and trade ties with Israel is spurring demand for real estate in Tel Aviv, with inquiries from mainland buyers for homes in the city rising significantly, property agents said. Inquiries from China increased from nine in the fourth quarter of 2019 to 160 in the same period last year, according to the UK-based Beauchamp Estates, which has a presence in the Middle Eastern country. Most of these inquiries were for ultra prime property markets in Tel Aviv’s popular districts and affluent beachfront neighbourhoods like Herzliya Pituach, the agency said, adding that there was also interest in commercial property and land for property development. READ MORE

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