Serviced Residences in Israel

There are 3 types of rates:

• Dmé a'hzaka (literally "ownership money"): monthly fee paid in advance to the Residence for the basket of services.
•  Dmé knissa (literally "entrance money"): money paid by the resident to get an apartment. This amount is less important than the pikadone but loses about 2% + VAT of its value per month and is totally lost after about 4 years by the resident. The resident can stay in the apartment and benefit from the services of the residence until 120 years...
•  Dmé pikadone (literally "deposit money"): money paid by the resident for an apartment. This amount loses about 2.5-3% of its value per year for usually 12 or 15 years and the rest is returned to the resident or his/her descendants.

The services of residences in Israel

•  Ma'hlaka Siyoudit (Nursing Department): the residence has a dedicated nursing department.
•  Sal chiroutim (Basket of services): the resident receives a range of services such as catering, bio-cleaning of common areas and rooms, various socio-cultural activities adapted to his age and condition, etc.
•  Tekoufate nissayon (trial period): the resident can test the residence for a trial period in exchange for payment.

Terms of payment and guarantees:

Choose from the following payment methods the one that best suits our financial situation. Choose the type of deposit among the following 3 possibilities: the entire deposit (pikadone malé), the partial deposit (pikadone 'helkit), the fixed rents (dmé skhirout kvouim). There are several kinds of guarantees that the Residence can provide: the bank guarantee ('aravot bankayit), the secured by first-degree mortgage registration (richoum machkanta midraga richona), the security by registration of pledge (richoum machkone), the guaranteed by Warning (ha'arat hazehara)

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Serviced Residences in Israel - Avot Israel