Lands for Exchange in Al Asimah Governorate (2 Ads)

Al-Asimah (or The Capital) Governorate, whose center is called Kuwait City, and is considered Kuwait's commercial, political and residential center as well. It was established in 1962, and before the establishment of the governorate, the majority of Kuwaitis previously lived in Kuwait City (the old areas of Kuwait: Jiblah, Sharq, Al-Mirqab). Al-Asimah Governorate (Capital) is considered one of the governorates with medium population density, and it is distinguished from other governorates by the presence of a large number of towers and skyscrapers, especially in the center of Kuwait City. Among its landmarks: the Liberation Tower, Kuwait Towers, the Grand Mosque, financial institutions, including: the Kuwait Stock Exchange (Boursa Kuwait), the Central Bank of Kuwait, and other bank centers. Governmental institutions such as: the Kuwaiti National Assembly, Seif Palace, and many government ministries and foreign embassies. Towers such as: Al Hamra Tower, Capital Tower. Commercial complexes such as: Souk Al Mubarakia, Souk Sharq mall.

The most expensive residential areas are located near the capital, and are distinguished from other areas near the main service centers within the capital, such as: banks, ministries complex, investment companies. Al-Asimah Governorate (Capital) contains 31 districts, which are: Khaldiya, Dasma, Daiya, Doha, Rawda, Surra, Shamiya, Sharq, Shuwaikh Residential, Shuwaikh Industrial, Sulaibikhat, Adailiya, Faiha, Qadisiya, Qibla - Jibla, Qeirawan, Mubarakia, Mirqab, Mansouriya, Nuzha, Nahda, Yarmouk, Bnaid Al-Gar, Jaber Al-Ahmad, Dasman, North West Sulaibikhat, Hessah Al Mubarak, Abdullah Al-Salem, Ghornata, Qortuba, Kaifan

Search now for ads of land and housing applications offered for exchange in Al-Asimah Governorate. The exchange is an excellent mechanism for moving and stimulating the real estate market, as it is known for easy procedures and saving time and effort, in addition to the fact that it combines two deals at the same time. In the event that the two parties agree, they can exchange the land in Al-Asimah Governorate with another land in the same governorate or another.

You can exchange the land with a house, taking into account the price difference and paying this difference to the other party. As the exchange process between the two parties is based on the sale of land or a house and the purchase of another in a single transaction with paying the difference value for the new property or obtaining a difference for the old property.

The Public Authority for Housing Welfare is working on establishing new residential cities in the State of Kuwait and allocating lands therein for Kuwaiti citizens. It provides beneficiary Kuwaiti citizens with the possibility of exchanging lands or housing applications among themselves, or the option to waive housing alternatives distributed on plans or actually delivered. While the institution reduced the number of times allowed for exchange and assignment to only once, it was previously allowed to exchange twice, and the third time is allowed, but recently and after entering the specialized committee. The Public Authority for Housing Welfare has stipulated exchange or waiver operations, the existence of reasons accepted by the institution, and that the exchange of Plots be before the start of construction, and not obtaining a housing loan or benefiting from building materials, or after its completion, in order to ensure the ability to sell and return the right of the state and the money spent And the institution has completed its conditions that the replacement process be among the beneficiaries without being bound by the priority of registering the housing request after they receive the housing alternative. The Public Authority for Housing Welfare also issues different decisions for each area as it deems appropriate, such as stopping or allowing external exchange, as well as the internal exchange, as it deems appropriate, and it may exclude some areas from its decisions.

The housing demand exchange market is very active in the State of Kuwait in its various areas and governorates, including Al-Asimah Governorate. Some choose to exchange housing requests, under the pretext that the desired area is close to the areas of residence of their relatives or tribe, and so on, and there are those who resort to the exchange because of the distinctiveness of the area, as there are many areas that witness demand and others that witness reluctance.

Some may resort to the internal exchange in the same residential area, and this is due to his desire to exchange his land with another land with different benefits such as: corner land, two sides land, land with big front space, normal land (ie without advantages), head land (Three streets), land close to services such as the branch, association, mosque, parking or petrol. Sometimes he substitutes for the sun’s side in relation to the land or property, which is: an eastern, western, northern, or southern side. Others exchange their land with a housing request.