Apartments for Sale in Kuwait (174 Ads)
Information About the Apartments Listed for Sale in Kuwait
Search for apartments for sale in Kuwait, in compliance with the terms of the woman’s loan and the credit bank, where you can search through Boshamlan real estate website and app for free and easily, and communicate with the owner or broker (real estate agency) directly through call or WhatsApp. Browse hundreds of ads for apartments for sale in various areas of Kuwait. After the huge rise in the prices of residential houses and investment real estate in Kuwait, some owners of small capitals resorted to buying ownership apartments in investment buildings for the purpose of housing and sometimes investing in order to get a good return on rent. 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 reselling it (exiting) within a few years and benefiting from the price increase, or some others who want to settle down and live in the apartment.
Apartments are an attractive real estate for investors in most countries of the world, but the Kuwaiti citizen still prefers to wait for the housing distribution from the Public Authority for Housing Welfare and obtain land to build his house on the idea of owning a residential apartment in an investment area. Especially since the citizen prefers to live in a private house, and therefore it is difficult for him to accept the idea of living in a small apartment that does not enjoy privacy, especially since the number of Kuwaiti families is rather high in number of persons. Despite this, ownership of apartments in Kuwait remains a preferred option for many Kuwaiti citizens who are small investors, who wish to invest and rent apartments with returns ranging from 6% to 7%. As those wishing to buy apartments in Kuwait generally focus on renting the apartment and benefiting from the rent, and reselling it after its price has increased, and therefore ownership apartments are a profitable and good option for many small investors in Kuwait.
The experience of owning residential apartments began in Kuwait after the year 2000, and its trading focused on investment buildings in certain areas such as Mahboula and Hawally. After that, it expanded to include other areas such as Fintas, Sabah Al-Salem, Salmiya, Jabriya, Bnaid Al-Gar, and Farwaniya. The prices of investment property apartments start from 40,000 KD, and the plot area starts from 70 square meters. Some of these apartments are located in crowded areas and suffer from a lack of car parking spaces and crowded public services. As for the government apartments, their activity started later after being distributed by the Public Authority for Housing Welfare, especially in the cities of Jaber Al-Ahmad and northwest of Sulaibikhat. Government apartments are distinguished by their large space, as their areas reach 400 square meters, but in return, they are very expensive, and the price of the apartment may exceed 250,000 KD.
During the past years, the demand for self-ownership apartments began to increase, after the Credit Bank granted a divorced or widowed woman a loan of KD 70,000, but with conditions including that the building area of the apartment is more than 100 square meters, so that it is This apartment is identical to a woman's loan (credit bank loan). In spite of the increasing demand for buying ownership apartments in Kuwait, the sector still suffers from some legal and regulatory problems, most notably the owners association law.