Apartments for Sale in Al Farwaniya Governorate (4 Ads)

Al-Farwaniya Governorate is a Kuwaiti governorate established in 1988 and is considered the largest governorate in terms of population. Among its most famous landmarks: The Avenues Mall, Kuwait Airport, the Zoo, Kuwait University (Al-Shadadiyah).

Al-Farwaniya Governorate consists of 20 areas, namely: Farwaniya Stables, Ishbilya, Andalus, Khaitan South New, Rabia, Rehab , Riggae, Rai, Dajeej, Ardiya, Herafi Ardiya Industrial, Omariya, Firdous, Farwaniya, Jleeb, Al-Shuyoukh - Hasawi, South Abdullah Al-Mubarak, Khaitan, Sabah Al-Nasser, Abdullah Al-Mubarak, West Abdullah Al-Mubarak

The process of searching for an apartment for sale in Al-Farwaniya Governorate may be a difficult and stressful process in light of the large number of apartments offered for sale in Kuwait, and prices vary from one area to another, and to facilitate the process of searching for a suitable apartment or flat for purchase in Al-Farwaniya Governorate, we have dedicated a special page from Boshamlan real estate website where you will find in it all the ads that are renewed daily to find apartments or studios as well, with the possibility of filtering prices during the search. If you are offering your apartment for sale you will get a higher number of views for your ads. You can always easily contact advertisers directly, whether they are owners or real estate brokers, to check the details of the advertisements, which include the number of rooms and bathrooms, the age of the building, the area of the apartment, and whether it is a furnished apartment or not. Bo Shamlan always advises those interested in buying to inspect the property or apartment on the ground and to clearly agree with the owner or the real estate agency on all the details of the sale contract.
Some owners of small capital resort to buying ownership apartments for the purpose of investment and sometimes for housing. Those who want to buy this type of apartment are mostly small investors, with the aim of renting the apartment and benefiting from its monthly returns, and sometimes in order to resell it (exit) within a few years and benefit from the price increase, or some others who want to settle down and live in the apartment. The prices of self-ownership apartments vary according to the area, the size of the apartment, the location of the building, its proximity to services, and other matters. Most of the ownership apartments in Al-Farwaniya Governorate are rented and generate investment returns that sometimes exceed 6% from the value of the apartment. Despite this, there are indications that real estate prices may be naturally corrected, such as the presence of great hesitation during recent years in making the decision to buy real estate in Kuwait in general.
Before you deal with any real estate broker, you must make sure of his commission for his services, which is usually 1% from the sale value of the apartment, and is paid equally between the seller and the buyer, unless otherwise agreed. The sale transaction can be completed at the Real Estate Registration Department of Al-Farwaniya Governorate. It is also necessary to ensure the availability of the initial sale contract, the original document, the civil cards of all parties, the lease contract, if any, the issuance of a certified cheque or a bank transfer and a copy of it, a certificate of description of the property. You must ensure that the contracts are correct and contain all the information required to guarantee your legal right.
There are several laws that the government is working on to regulate the real estate market for self-ownership apartments, including a law that requires the credit bank to lend divorced or widowed women an amount of KD 70,000 to buy ownership apartments, but according to certain conditions, despite all of that, only a small percentage of male and female Kuwaiti citizens were encouraged to own these apartments. There is also a law on foreign ownership of real estate in Kuwait, which may lead to an increase in real estate prices in general, but it is possible that the organization of this ownership process is well thought out so that the foreign investor and the state benefit from it, in addition to several other positive social and economic aspects that are in the interest of the country. About settling the foreigner in the country with his family in the apartment you own.