Buildings for Sale in Al Asimah Governorate (5 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

You can now search for buildings and condominiums offered for sale in Al-Asimah Governorate through this page in Boshamlan real estate finder website, which saves you time and does not bother you to search by moving between many real estate agencies spread all over Kuwait, and if you do not find what suits you, you can expand your search to include Buildings offered for sale in all areas of Kuwait. Owning a building or a building is considered a guarantee for investors, and this is due to the relatively stable and fixed returns on capital, but focus must be placed on choosing the best financier from banks in the real estate field in order for the process of financing residential or investment condominiums to be easy and comfortable, with flexible, reasonable and commensurate financing terms and solutions and your position and financial ability.

Before making a purchase of a building in Al-Asimah Governorate, you must be aware of what was stated in the municipality’s amendments and Kuwait fire force. The special requirements and specifications for the general aesthetic appearance of the building must be taken into account, with a pledge from the owner that the property is a private residence in an investment housing area and it is not allowed to be exploited commercially, with only permission to use the first and second floors for clinics and medical laboratories, provided the approval of the Public Authority for Environmental Protection and the approval of the Ministry of Health is obtained. It is also allowed to be used as nurseries for children, provided that the conditions for nurseries are adhered too.

Owning a building is not as easy as some people think. It can make you one of the richest investors or lead to a big loss, especially in the case of dealing with bad tenants and tenant complaints in general and dealing with everything related to repair and maintenance, and owning a property for rent is a daunting responsibility. It is preferable to invest in mixed-use buildings, in which the tenants get exclusive access to all kinds of facilities such as shops, gyms,...etc. All of this will increase the chances of renting your building at the desired price. But many investors still prefer to make a profit and a return from investing their money in buying a building, offering its apartments for rent, and obtaining a monthly rental income, but its disadvantage is that it needs a large capital in the beginning, and it will not be able to recover your capital in a short period, but what distinguishes it is the high value of the property and fixed income Without work, this method can be developed to increase income by adding additional floors and dwellings and multiple roads in it.