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Kuwait City Real estates Suppliers And Traders

KUWAIT REAL ESTATES MARKET

Real estates Prices in Kuwait

Kuwait has land borders with Iraq and Saudi Arabia and water borders with Iran via the Persian Gulf‎. Real estate consultants in Arab countries say that the stock sector has a horizontal structure that when it collapses, all shareholders, small and large, suffer losses, but the real estate sector has a pyramidal structure in such a way that the prices of luxury and luxurious properties decrease quickly, but the ordinary real estate sector due to population growth in the Persian Gulf countries, which always have; It won't hurt much. Al-Ahmadi, Shoaib, Shoaikh, Al-Zour, Doha, Abdullah ports are main transition ways. Among the countries of the West Asian region, the average housing price in Kuwait for a house in the city center is $6,941 per square meter, and the average price of a similar house outside the city is $3,174 per square meter. Most of Kuwait's exports go to countries such as India, the United Arab Emirates, Iraq, Pakistan, Oman, and China. The United Arab Emirates has been ranked in the real estate price index with an average of $5,918 per square meter

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Kuwait economy is largely based on oil and fossil fuels. The highest property price to annual income among Asian countries is related to Hong Kong with a number equal to 93. Economic activists in the Kuwait port and southern regions of the country such as ‎Khuzestan, Bushehr, and Bandar Abbas. In Afghanistan, the average price of housing in the city center is $785 per square meter, and the average price of such a house outside the city is $373 per square meter. The ‎sale of crude oil accounts for 90% of GDP and 75% of the government budget. The third place in the Asian real estate index list is assigned to Lebanon with an average of 3,693 dollars per square meter

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