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Real Estate Agencies in Tel Aviv

Real Estate Agencies in Tel Aviv

If you are looking for real estate agencies in Tel Aviv, here is how brokerage works in Israel, what agents may charge, and how to choose a firm that can represent you when you are not in the country.

Official market data — Tel Aviv (Israel CBS, 2026)

  • Average apartment price in Tel Aviv: ₪4,450,000 (change vs. H1 2025: +6.6%)

  • 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 Tel Aviv: ₪7,351 (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.

This page explains how agents and agencies work in Israel, what they charge, what a licensed agent must do, and how Kobi Elkayam Real Estate works with clients who are not in the country.

Tel Aviv at a glance

Tel Aviv is Israel's economic and cultural capital, a Mediterranean city with roughly fourteen kilometres of beaches, the UNESCO-listed White City of Bauhaus buildings, and the headquarters of the country's technology and finance sectors.

Demand outstrips supply in almost every neighbourhood, which is why the city has the country's most active urban-renewal pipeline: 1950s and 1960s blocks are being replaced by new buildings with elevators, parking and safe rooms, while boutique restorations transform historic buildings in the centre.

Getting around:The Red Line light rail runs from Petah Tikva through the city centre to Bat Yam, railway stations sit along the Ayalon corridor, and Ben Gurion Airport is about twenty minutes away.

How real estate agents work in Israel

Real-estate brokerage in Israel is a licensed profession: agents must pass the Ministry of Justice examination and hold a licence, and a fee is only enforceable if you signed a written brokerage agreement identifying the property. There is no multiple-listing service, so agents hold their own listings and often co-operate case by case – which is why a buyer or tenant usually works with several agents, or with one agency that sources across the market.

  • Fees –buyers and sellers each customarily pay their own agent a percentage of the price plus VAT; tenants and landlords each customarily pay about one month's rent plus VAT

  • Exclusivity –sellers often sign an exclusive listing for a fixed period; buyers rarely do

  • Dual representation –one agent may represent both sides; ask who the agent is acting for

  • Lawyers –agents do not draft contracts; each side's lawyer does, and the buyer's lawyer runs due diligence

  • Language –English-speaking agents are common in Tel Aviv, but contracts are in Hebrew and should be translated

Kobi Elkayam Real Estate is a Tel Aviv-based agency and developer that works with international clients in English, French and Hebrew. Because the group is also active as a developer and in complex deals, we see opportunities in Tel Aviv before they reach the open market, and we bring a lawyer, tax adviser and mortgage broker to the table from the start.

Neighbourhoods to know in Tel Aviv

Before you compare individual listings, decide which part of Tel Aviv suits you. The main areas are:

  • Old North –Bauhaus streets between Ibn Gabirol and the sea, Basel Square, Gordon Beach – family apartments and renovated classics

  • Lev HaIr and Rothschild –the centre – Rothschild Boulevard, Sheinkin, Gan Meir, eclectic 1930s buildings and new luxury towers

  • Neve Tzedek –the restored first neighbourhood, low-rise houses on Shabazi Street a few minutes from the beach

  • Florentin and the south –workshops turned lofts, street art, nightlife and new boutique projects

  • Sarona, HaKirya and Midtown –the business district with Azrieli, Sarona and Midtown towers

  • North of the Yarkon –Ramat Aviv, Neve Avivim, Bavli, Afeka and Tzahala – villas, garden buildings and Tel Aviv University

  • Jaffa –Ajami and Old Jaffa on the sea, the Flea Market quarter and Jerusalem Boulevard along the light rail

Housing stock and who buys in Tel Aviv

What you will find on the market: 1930s Bauhaus and eclectic buildings (many restored and protected), 1950s–70s apartment blocks undergoing TAMA 38 strengthening or full pinui-binui rebuilds, and new residential towers with concierge, gym and pool.

Who you will be competing with: technology and finance professionals, French, American and British families buying a pied-à-terre near the sea, and investors who value the city's permanent rental demand.

Sales are mostly apartments; detached houses are rare and found mainly north of the Yarkon and in Jaffa.

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 Tel Aviv –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 real estate in Tel Aviv?

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.

What does a real estate agent charge in Israel?

For a purchase or sale, each side customarily pays its own agent a percentage of the price plus VAT; for a rental, each side customarily pays about one month's rent plus VAT. A fee is only enforceable if you signed a written brokerage agreement naming the property, and the agent must hold a licence.

Do I need an agent if I have a lawyer?

They do different jobs. The lawyer checks title, planning and the contract; the agent finds the property, verifies the facts on the ground, negotiates and coordinates. From abroad, the agent is also your eyes – viewings, video, neighbourhood knowledge and access to off-market stock.

Can one agent represent both the buyer and the seller?

Yes, dual representation is legal and common in Israel, provided the agent discloses it. Ask explicitly who the agent is acting for, and rely on your own lawyer for the contract.

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Talk to us about a purchase in Tel Aviv.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.

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