Lands for Sale in Al Asimah Governorate (76 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 Lands Listed for Sale in Al-Asimah Governorate
Search for free and easily in hundreds of lands for sale in all areas of the Al-Asimah Governorate in Boshamlan Kuwait real estate finder, We advise before the purchase to make a comprehensive price survey through this page, which shows you a large number of lands offered for sale, and you can see all the lands similar to what you are looking for, so when you meet the seller, you will be aware of the market price.
Through Boshamlan website and app, you can communicate directly with the advertiser by calling via mobile phone or WhatsApp, and you can also add a free advertisement and offer your land for sale without a commission in Boshamlan takes. Land prices vary in Al-Asimah Governorate areas for several factors, including:
- Land area and front space.
- The location of the land within the area, and it is possible to classify the lands in Kuwait into basic types according to their location from the street and the neighbor, and they call it locally by: normal, two side street, corner, corner, and head (3 streets).
- The value of the land is also affected by its sun direction, as the eastern sun direction is the most expensive due to the availability of shade in the afternoon, in contrast to the western sun direction, which is the least valuable, since it is exposed to the sun in the afternoon. As for the northern and southern sun directions, their prices are relatively average.
And despite the fact that the Public Authority for Housing Welfare continues to distribute thousands of government lands (plots) to Kuwaiti citizens. However, the value of lands in Kuwait is constantly increasing in light of the exacerbation of the housing crisis in Kuwait that has been going on for many years, and the lack of supply in exchange for the high demand for housing due to the increasing number of the population of Kuwait. Another reason is the availability of cash liquidity for investors and speculators who buy these lands and resell them after a period to reap profits. Today, Kuwaiti citizens cannot afford to buy land at these high prices, as the value of some lands has doubled within a few years. This is a burden that the Kuwaiti citizen cannot bear and reflects negatively on middle-income Kuwaiti families who dream of buying land and building it for their own housing. In recent years, a large percentage of Kuwaiti citizens are no longer able to buy real estate or even land inside Kuwait, but the demand for land remains, despite the fact that a large segment has turned away from buying.
In the event that you decide to buy land, you can seek the help of a real estate agency (a broker), which can help you find the land that suits you, and start the negotiation process and sale procedures. In case you deal with a real estate broker, you should know that it will receive a commission of 1% and one percent of the contract value, paid equally between the seller and the buyer, unless otherwise agreed upon. Sale transactions can be completed in the real estate registration department of Al-Asimah Governorate.