Apartments for Sale in Ramat Gan
Apartments for Sale in Ramat Gan
If you are searching for apartments for sale in Ramat Gan, this guide is written for you – an overseas buyer or tenant who wants clear, local answers before committing to a home in Ramat Gan.
Official market data — Ramat Gan (Israel CBS, 2026)
Average apartment price in Ramat Gan: ₪3,072,000 (change vs. H1 2025: -0.8%)
National average: ₪2,392,000 in H1 2026 (+3.9% vs. H1 2025); the CBS housing price index for February–March 2026 was down 1.2% year on year
Average monthly rent in Ramat Gan: ₪5,826 (CBS, Q1 2026)
Purchase tax for a foreign resident or investor: 8% up to ₪6,055,070 and 10% above; bank financing for non-residents is capped at 50% of the property value (up to 75% for an Israeli resident buying a single home)
Source: Israel Central Bureau of Statistics — average apartment prices for the first half of 2026 (published 15 September 2026), the housing price index (published 15 May 2026) and the Q1 2026 rent survey. These are city-wide averages; the actual price depends on the neighborhood, size, floor and condition. Before any decision we show you real transactions recorded with the Israel Tax Authority in the area you are considering.
Below you will find how the apartments market in Ramat Gan actually works – the housing stock, the neighbourhoods, the buyers you will be competing with, the costs to plan for and the steps a purchase takes when you are buying from abroad.
Ramat Gan at a glance
Ramat Gan borders Tel Aviv to the east and is home to the Diamond Exchange district and its office towers, Bar-Ilan University, the Sheba medical centre, the national park and the safari.
Its older garden neighbourhoods and the Red Line light rail make it a natural alternative for buyers priced out of Tel Aviv, while the Bursa district adds a high-rise, investor-oriented segment.
Getting around:The Red Line light rail runs through the city, Savidor Central station is on its western edge and the Ayalon Highway is minutes away.
Buying apartments in Ramat Gan from abroad
There is no legal barrier to a non-resident buying apartments in Ramat Gan. The differences are practical: Israeli sales are lawyer-driven rather than escrow-driven, listings are fragmented across agents, and prices are quoted per square metre and by the number of rooms rather than bedrooms.
A typical purchase in Ramat Gan follows these stages:
Define the brief – budget in shekels, purpose (home, holiday home or investment), preferred areas and must-haves such as elevator, parking, safe room (mamad) or a specific synagogue or school nearby.
Shortlist and view – we pre-screen listings, visit on your behalf and send video walk-throughs, then arrange in-person viewings when you visit.
Appoint an Israeli real-estate lawyer – your lawyer checks the Land Registry (Tabu) or Israel Land Authority lease, the building file at the municipality, liens and planning issues, and drafts or reviews the contract.
Negotiate and sign – the contract sets a payment schedule against milestones; a caveat (he'arat azhara) is registered in your favour after the first payment.
Pay purchase tax and complete – purchase tax is filed with the Israel Tax Authority; on the final payment you receive possession and the title is transferred to your name.
Neighbourhoods to know in Ramat Gan
Location within Ramat Gan matters more than almost any other factor. These are the areas our clients ask about most:
The Bursa (Diamond Exchange) district –office and residential towers next to Tel Aviv's Savidor station
Ramat Chen and Tel Ganim –quiet garden neighbourhoods with cottages and low-rise buildings
Shikun Vatikim and the centre –older buildings around Bialik Street and the market, many in urban renewal
Marom Naveh and Kiryat Krinitzi –family neighbourhoods near the national park
Around Bar-Ilan University –student rentals
Housing stock and who buys in Ramat Gan
What you will find on the market: 1950s–70s walk-ups being rebuilt under TAMA 38 and pinui-binui, new towers in the Bursa district and along the light rail, and cottages in Ramat Chen.
Who you will be competing with: young couples and families who want Tel Aviv access at lower cost, investors around the Bursa and the university, and diaspora buyers looking for value near the centre.
Urban renewal is the big theme – buying into an older building with an approved renewal plan is a common strategy.
Costs and taxes to plan for
Purchase tax (mas rechisha) –progressive, filed with the Israel Tax Authority; non-residents and buyers of a second home pay higher brackets than Israeli first-home buyers, and rates change, so model this first
Legal fees –your lawyer's fee is customarily a small percentage of the price plus VAT, and on new-build purchases the developer's lawyer also charges a capped registration fee
Agent fee –customarily a percentage of the price plus VAT, paid by each side to its own agent
Registration and ILA fees –Land Registry fees, or ILA consent and lease fees on state land
Ongoing –arnona, building fees, insurance, and Israeli tax on rental income if you let the property
On exit –capital-gains tax (mas shevach) with exemptions and indexation, and possibly a betterment levy if planning rights were added
Mortgages: Israeli banks lend to non-residents, but the Bank of Israel caps loan-to-value, and buyers who are not Israeli residents are generally treated like investors – a lower cap than resident first-home buyers, typically up to about half of the value – with documentation of foreign income and assets. A mortgage broker who works with overseas clients shortens this considerably.
How Kobi Elkayam Real Estate helps
Kobi Elkayam Real Estate Ltd is part of the Elkayam Group, a Tel Aviv family business whose roots go back to 1945 and is now in its third generation. The group is active as a developer – in urban renewal, combination deals and complex transactions – and as a brokerage for international clients, working in English, French and Hebrew from its offices at 37 Rival Street, Tel Aviv.
Search and shortlisting in Ramat Gan –agency, private and off-market sources, screened in person
Video and in-person viewings –timed to your visits to Israel
Negotiation –against verified transaction data, through your lawyer
Professional team –introductions to real-estate lawyers, tax advisers, mortgage brokers and appraisers who work with overseas clients
Developer projects and complex deals –access to the group's own projects and to combination and urban-renewal opportunities
After the purchase –management, letting and renovation partners so the property works while you are abroad
Can a foreigner buy apartments in Ramat Gan?
Yes. Non-residents can buy freely in Israel and hold the property in their own name. You will need an Israeli lawyer, a tax file number for the purchase-tax filing and a way to transfer funds in shekels; a notarised power of attorney lets your lawyer sign if you cannot be in Israel.
How long does a purchase in Ramat Gan take?
From an accepted offer to signing a contract is usually two to four weeks of legal checks and negotiation. Completion follows the payment schedule in the contract – often two to four months for a resale, and the construction timeline for a new-build purchase. Registration of title follows completion.
What is the difference between Tabu and ILA property?
Tabu property is registered freehold in the Land Registry. ILA property is state land held on a long-term lease from the Israel Land Authority, which is the majority of land in Israel. Both are bought and sold normally, but ILA leases carry their own consent and fee rules, and some leases to non-residents have specific conditions your lawyer will check.
Is Ramat Gan a good place for a holiday home or an investment?
Young couples and families who want Tel Aviv access at lower cost, investors around the Bursa and the university, and diaspora buyers looking for value near the centre – that is the demand you would be buying into. Urban renewal is the big theme – buying into an older building with an approved renewal plan is a common strategy. For a holiday home, the question is how much you will use it and who will manage it between visits; for an investment, model purchase tax, realistic rent and management before comparing with other cities.
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Talk to us about a purchase in Ramat Gan.Call +972-53-658-4252, write to support@kobielkayamrealestateltd.com, orleave your detailsand a member of the team will get back to you in English, French or Hebrew.