Purchase Tax on an Investment Apartment in Eilat: How to Calculate

Purchase tax on an investment apartment in Eilat is calculated based on the transaction value, and for a buyer who already owns an apartment, according to a Bizportal article from 6.8.2026, there is no exempt threshold. To avoid relying on outdated figures, calculate the actual amount using the Tax Authority's simulator and with the help of a lawyer, and submit a report within 30 days of signing.

How is purchase tax calculated for an investment apartment?

Purchase tax is determined by the transaction value and the buyer's status: a single apartment or an additional apartment. The Bizportal article from 6.8.2026 states that there is no exempt threshold for an additional apartment, and that the tax is calculated in tiers based on parts of the value. We do not provide a tier table here. Threshold amounts are published in several versions on different websites, and the article itself has a discrepancy between the general section and the section on an additional apartment, recommending verification with the Tax Authority's simulator.

What are the deadlines?

According to the article, the report to the Land Taxation Authority is submitted within 30 days of signing the agreement, and self-assessment payment is made within 60 days of the transaction date. In practice, the buyer's lawyer usually handles the reporting. Late reporting incurs a fine, and late payment accrues interest and indexation. If the director determines a higher assessment, the difference is paid within 30 days of receiving the notice.

Table: Questions before calculating purchase tax

What else goes into the investment calculation?

Purchase tax is a one-time cost, and it is not the return. Before making a decision, also check what is permitted to do with the property and in which neighborhood it is advisable to buy; see where to live in Eilat. Rental income must be reported, and the method of taxation is determined with an accountant.

How to find a suitable property?

On the income-generating properties in Eilat page, you can leave your details, and a licensed Livo agent will contact you to help locate a suitable property. To understand what a vacation rental looks like from the guests' perspective, you can browse active properties in villas in Eilat.

For financing questions, see mortgage for an investment apartment in Eilat.

The information on this page is general, based on a public publication noted alongside it, and is not investment advice, tax advice, or legal advice. Livo does not guarantee any return. Before any transaction, it is recommended to consult with a lawyer and an accountant.