Properties for Sale in Al Asimah Governorate (598 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

There are many Kuwaiti citizens looking for real estate for sale in Kuwait, specifically in Al-Asimah Governorate, and we have provided you in Boshamlan with an integrated platform to browse and display all real estate ads for rent such as houses, apartments, etc., which may be offered directly by the owner or through intermediaries. Boshamlan shows you the details of the advertisement and its price, if the advertiser mentioned it, and you can view the real estate prices similar to your request, and thus be aware of the real market prices.
Over the past years, the Kuwaiti real estate sector has witnessed many things that led to an increase in prices, such as the continuous population growth and lack of supply. Real estate prices vary according to the area, the area of the property, its location, its proximity to services, and other matters. In any case, housing solutions must be presented at the state level, otherwise the price increase may continue. There are multiple factors that contribute to the rise in real estate prices, such as lack of supply in exchange for increasing demand, and this is due to population growth and the increasing need of Kuwaiti citizens and residents for housing, the government’s slowness in providing suitable housing for the citizen, most of the real estate is rented and generates investment returns that sometimes exceed 6% of the value of the property, inflation and high prices Building materials and labor wages. Despite this, there are indications that real estate prices may be corrected naturally, such as the presence of great hesitation in recent years in making a purchase decision.
Before you deal with any broker, you must clarify his fee for his services, which is usually 1% of the contract value, paid equally between the seller and the buyer, unless otherwise agreed. Sales transactions must be completed at the real estate registration department of Al-Asimah 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 check or a bank transfer and a copy of it, a certificate of the property’s description.
The electronic real estate broker book is a system of real estate brokers and intermediaries, developed by the Ministry of Commerce, to eliminate money laundering and manipulation in the real estate market. This is useful in organizing sales and reducing errors that were made in the paper books. It also helps in removing intruders in this profession and protecting the rights of all parties. This system assists in the automation of real estate transactions, which leads to the speedy completion of real estate transactions.