About Us

So, How do we do it?

The United Jerusalem Fund is holding in total 417 Dunam of Land to be zoned for a multi-family building neighborhood. The Fund divided all of the land into 4,170 Lots of 100 meter each. Each Lot of a 100 meter of land is projected to convert into one apartment unit


In Israel: The United Jerusalem Fund is marketing the Lots at a price of $45,000 each (plus VAT, purchase tax, legal fees and admin fees).

Thereafter, after Zoning, each lot owner will have the opportunity undertake to pay all applicable taxes, infrastructure works and the cost of construction to own an apartment at the reduce price of about $280,000 versus the projected market value of $425,000.


Basically, making a profit of about $145,000 for an average apartment unitThe United Jerusalem Fund in conjunction with Silvergate Management and its partners devised a Special Program for all interested overseas investors. which is much easier and simpler:


All Foreign investors will have to purchase 4 Lots of 100 meters at a price of $169,000, inclusive of all the legal and admin fees and VAT (at 17.5%). Most of the foreign, if not all are not subject to the 6% Purchase Tax

Then, the investor may choose one of the following two options:


a) to keep all 4 apartment units, by paying all fees, taxes and build cost when the project actually start



b) to replace all 4 Lots of Land with ONE 100 sq meter (apx 1,000 sq ft) apartment unit fully built and paid for by the assigned builders/contractors.


This will save the foreign investor all the hassle of paying legal fees and signing a complex construction agreement, applying for a construction loan, pay all the fees and taxes in connection with the constructions etc.


Silvergate Management and the Fund decided to make it easy and achievable for the non resident investor to be part of this successful Housing Project of Givat Adumim at an unbelievable low price


Why us

From 1998 developed a Real Estate Investments corporation servicing Israeli Clients/Investors.


Gil Ovadia and Silvergate Management Ltd were involved in various projects, involved purchasing and selling real estate, renovations, management, planning and zoning, constructions and project management.


In 2006 moved to Florida USA with his wife and three kids. Formed Global Assets Realty in 2008 as a Real Estate Brokerage firm to process all Real Estate transaction and continued the operation of Silvergate Management, the Investment section of the operation.


For the past 12 years Global Assets Realty processed real estate purchases and sales of over 500 properties and Silvergate Management dealt with hundreds of Clients and Investors


The tasks performed by Gil Ovadia under the Silvergate Management umbrella as follows:


1. Financial and Legal Advisor to various clients
2. Real Estate Planning and negotiations
3. Property daily Management to include rent collections and monthly reports
4. Corporation Management and Services
5. Residential and Commercial Mortgage Services
6. Corporation Formation and Operations
7. Management of Foreign Companies
8. Town and Planning Advisor handling Architecture, Engineering and Fisibility Strategies
9. Project Managements for Developments and Constructions
10. Renovations and Updating of over 300 properties.


In Total Gil Ovadia has almost 30 year experience in the real estate sector. Many successful transactions and hundreds of happy Clients.


“We vigorously represent your interest to get the best possible results.”

Gil Ovadia

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