Hetel bniya
A presale contract on a home that does not exist yet, paid against construction milestones.
Israeli new-builds sell on hetel bniya contracts. Sde Dov marketing often quotes a 20/80 pattern: a slice during the build, the rest at handover. Remaining instalments are commonly indexed to CPI (madad). Purchase tax is still assessed on the full contract price after signing, not on the 20% you have paid. Read the table against the Sale Law guarantees, not against the render.
Where this comes up
Pages on this site that use the term in context.
- The Questions To Ask Before You Buy Off Plan Here
Israeli presale law gives buyers mandatory protections, but only if you verify them before you sign. A diligence checklist grounded in the Sale Law and the Sde Dov project registry.
- Buying in Sde Dov from Abroad: The Honest Playbook
Foreigners can buy here, but the tax code, payment schedule, and permit pipeline work differently than in most overseas markets. What the research actually supports.