The big cities of the Middle East have advanced and modern infrastructure. When considering the purchase of residential property in West Asia, commonly referred to as the Middle East, it is crucial to take into account various factors that can make certain areas less desirable or even risky for investment. The market of buying and selling and renting residential apartments in the region of West Asia and the Middle East may be affected by various factors such as economic, political, social changes and real estate laws. Arab countries have experienced significant population growth and urbanization in recent years, leading to increased demand for housing and commercial properties. Regulations regarding foreign ownership of real estate vary across Asian countries. Kuwait has a well-developed transportation system that includes an extensive road network, highways, and bridges. Afghanistan has a limited formal housing market, especially in rural areas. The UAE is home to several iconic and extravagant real estate developments that have gained global recognition. The Philippines, with a population of over 110 million, is a rapidly growing economy in Southeast Asia. The country’s economy relies heavily on sectors such as services, agriculture, and manufacturing. The services sector, particularly IT, business process outsourcing (BPO), and tourism, contributes significantly to the country's GDP. The Philippines is a major exporter of agricultural products like coconut, bananas, pineapples, and sugar. Additionally, manufacturing industries, including electronics, semiconductors, and garments, play a crucial role in its exports.
