Excellent weather, miles of gorgeous beaches, and a mature and bustling tourist trade have made Israel a long-time favorite vacation hotspot, especially for Jewish people from across the world. Once lockdown restrictions lift, tourists who have been denied entry for more than a year will come flocking in desperate need of their “Israel vacation fix”.
Since the advent of Covid, many tourists have been looking for alternative accommodation to hotels and this has sparked a renewed enthusiasm for the Air BnB-style rental. Many companies have replicated the model and vacation apartments are proving popular in Israel. If your intention is to rent your investment property as a short-term rental, your chances of finding tenants and securing a good rental income have never been higher. The influx of olim to the country means that demand for long-term rentals are high as well. Landlords in Israel today can expect steady yields on long-term rental properties and, as Aliyah increases, the rental market is expected to go up too.