In addition to the construction benefits and additional construction powers, the law provides for the two following taxation benefits to which the residents are entitled:
- A reduced rate of betterment levy.
- Exemption from betterment tax and sale tax in the sale of an asset the value of which increased following the realization of NOP 38.
It is important to check with experienced professionals which entitlement is available to the residents since handling taxation challenges in NOP 38 projects requires experience, familiarity and extensive knowledge. Further information about the additional rights – see in the law “Complementary Legislation to NOP 38“.
What is NOP 38
A significant earthquake in Israel is only a matter of time!
NOP 38 enables to reinforce your building and upgrade your apartment.
For details about the advantages of this plan and its implementation with Dankner 38's experienced, professional team.
What do the residents gain?
National Outline Plan (NOP) 38 allows you to add to your apartment a balcony and Mamad,
to renovate the lobby and garden and many more benefits.
To Dankner 38's full benefit package.
What are the stages of the process?
Dankner 38's leading experienced team will accompany you on this journey through all the secrets of this unique process over nine constructed,
simple and clear steps. For information about Dankner 38's constructed, clear process.
Why Dankner 38?
It is important for us, at Dankner 38, to understand what brought you, our partners, to choose this NOP 38 project. Our team has vast experience in the planning, development and supervision of real estate projects. More about the advantages of Dankner 38 – your ideal partner for NOP 38.