Apartments for sale in Kuwait
Listaproperty provides a number of apartments and properties for rent and sale in Kuwait City. Go through hundreds of property listings that are listed by various prestigious agents and developers on Listaproperty. Listaproperty allows you to view all amenities provided with each apartment offered for sale or rent on our portal. We aim to provide you with the easiest way home.
Real Estate in Kuwait
With oil and gas sectors affirmed as Kuwait’s major revenue contributors there has been a common resurgence in Kuwait’s construction projects, thus rise in the real estate sector. Even though Kuwait’s real estate sector is believed to be currently stagnant due to oversupply and low demand, experts strongly believe that with the approach of 2017 this would drastically change. As more residents and expats in Kuwait tend to seek out apartments for sale, after summer is over.
Economy in Kuwait
Although there have been common efforts that worked on diversifying Kuwait’s economy, oil and gas productions still remain dominant. Thus, Kuwait’s economy has shown steady growth due to the government-led investment initiatives framed within the nation’s development plan. Therefore, Kuwait’s quick increase in Kuwait’s banking sector is the start towards a well diversified country. Whereas Kuwait’s private consumption and overall GDP is said to continue increasing all through 2017.
Investing in Kuwait
With the latest laws implemented in Kuwait, expats are now able to purchase apartments, and various other property types. All expats are allowed to purchase any apartment that is not larger than a set number of square meters. However, for anyone planning on investing in Kuwait, you must be aware that along with the purchased apartment fees, you would have to also pay for legal fees, survey fees and maintenance charges.
Experts advice Kuwait’s investors to buy apartments and properties during the early weeks of January, as prices are expected to drop by that time.