Parts of the common property

Buying an apartment in Israel - Parts of the common property
Kiryat Shmona

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Each apartment in a shared house has an indefinite portion of the common property of that joint house.
The higher the share of a tenant in the common property, the more ‘rights’ he has in the shared property that belongs to all the apartment owners.

Thus, if building rights are granted to the shared building, then the rate of these rights will be according to the part of his share in the common property.

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Apartments in Israel
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Average price for a 4 room apartment in Tel Aviv
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Rise in the price index of input in residential construction from the year 1956 to 2021
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