Houses for Sale in Al Asimah Governorate (414 Ads)
About Al-Asimah Governorate
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
Information About the Houses Listed for Sale in Al-Asimah Governorate
Search and advertise a houses for sale in Al-Asimah Governorate through Boshamlan real estate finder, or you can expand your search to include all types of properties offered in Kuwait through this link. The residential real estate sector, represented by private or government houses, is not quickly affected by any of the decisions, whether positive or negative, because it meets a basic need of life requirements for the citizen, as it always maintains the demand for it. One of the reasons for the high house prices is the difficulty in obtaining a government house, while the number of housing applications has exceeded tens of thousands. We can say that the prices of houses or villas cannot be afforded by a simple citizen, even if he thinks about a loan through banks.
There are expectations that the prices of houses and real estate in Kuwait will continue to rise for several reasons, including that there are no other opportunities for investment other than real estate, and there are no new housing projects or the distribution of new lands. The housing problem dates back to many years and previous governments, which caused the accumulation of housing requests. Also the decline in returns on bank deposits in the past years, and the entry of speculators who buy lands, and after a while prices rise and sell them to take advantage of the difference in price and quick profit.
In the past years, the phenomenon of some tenants reluctance to live in investment real estate has also spread and they tend to live in houses or private housing, and this has led investors to move to the private housing sector instead of investment areas, and the benefit accrues to these investors from collecting monthly rents from houses that have been divided into apartments and floors. And rent it to Kuwaiti citizens and residents as well.
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