Property for sale in Kathmandu
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Kathmandu is the capital and the main city of Nepal with nearly 1 million inhabitants. In recent years, property values in the Kathmandu Valley have been rising steadily. Compared to alternative forms of investment such as gold, dollar, or stock market, property in the Kathmandu Valley has outperformed all of these by a substantial margin. Get more information on property for sale in Nepal.
2/ Views on the Kathmandu real estate : Price increases of 200% and 300% in 3- 5 years are not uncommon. These increases cover the whole spectrum of property for sale – from residential to commercial - Perhaps the largest increases in the Valley have been recorded for property for sale located in or near the existing and the proposed Ring Road areas. Most Nepalis want to live in the valley now for security reasons, which is driving up property prices and increasing demand. As the Valley runs out of land, developers predict the future of housing in Kathmandu is in new self-contained high-rise apartment blocks. "Apartments will be the way to go because space is going to be a rarity and there is nowhere to go but up," says Sidhant Raj Pandey of the up-market Ace Apartments at Naxal. In the last three years, the real estate business has really prospered and helped generate businesses and jobs for many Nepalis. Earlier, young professionals who wanted a house in Kathmandu would have had to save for 15-20 years to build their own dream houses. Now, not only is the construction taken care of, there is also affordable financing from banks. |
- Ocean view property, Fiji
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Selling price :
196 700 €
Land space : 3800 m²
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