Commercials for Rent in Al Asimah Governorate (111 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 commercial properties for rent in Al-Asimah Governorate such as: offices, shops, stores, commercial floors, industrial lands. Business owners, initiators, companies and institutions can search on the website and application of Boshamlan, the real estate finder, for commercial offices or shops for rent, and communicate directly with the owner or broker (the real estate agency) through calling or messaging via WhatsApp, and Boshamlan does not take any commission for this. Rental prices vary per meter in Al-Asimah Governorate according to the area of the property, its location, permitted commercial activity, level of finishing, and services available in the building such as maintenance services, availability of bathrooms, their cleanliness, car parking availability, and security.

Unfortunately, in Kuwait, we suffer from a lack of real estate supply in general, and commercial real estate is not an exception. That is why there are more commercial real estate offered for rent than those offered for purchase, and this allows more options for the business owner to choose the property that suits him without incurring the cost of buying it, and gives him greater flexibility without a long-term commitment. He can rent another, larger property, or move to another area in the future. Many people prefer renting commercial real estate instead of buying it, because it provides cash for the company, and then investing this cash in the productive commercial operations of the project instead of freezing it in commercial real estate. Renting the property also helps the business owner to focus his attention on the work rather than being preoccupied with property management matters.

There are some tips that must be taken into consideration when renting a commercial property:

• Commercial activity is permitted in accordance with the requirements of the municipality, Kuwait Fire Force, the Ministry of Electricity and other concerned authorities in Kuwait.
• Review the work start date and if there is a grace period.
• Review the conditions for terminating the contract and the notice period in case one of the parties so desires.
• Make sure that there are no expenses due on the shop, such as phone bills, and whether they are included in the rental value.
• Determine maintenance responsibilities such as maintaining the elevator and building facilities.
• Ensure the availability of services such as cleaning the building, bathrooms and security man (guard).
• Note that many lease contracts stipulate that if any improvements are made to the property by the tenant, it will become the property of the owner at the end of the lease.
• Recording and documenting a clear and understandable lease contract for all parties.
• Review the property documents for the property owner.
• If you are dealing with a real estate agency or a broker, make sure that the person you are dealing with is licensed by the relevant authorities. Make sure he will get paid. It should be noted that the standard wage in lease contracts is equivalent to half of the rent for a full month.
• Make sure that part of the electricity, water and maintenance costs and who bears the costs according to the lease contract are clear.