Property for sale in Kuwait City

Kuwait, the prototypical oil-rich state, has more than ten percent of the world’s estimated oil reserves, and is a leading exporter of petroleum.

In Kuwait City, homes have become very popular investments. Kuwaiti City property for sale is some of the most attractive in the world, both architecturally and financially. Get more information on property for sale in Kuwait.

Views on the Kuwait City real estate :

Kuwaiti City real estate sales fell about 35% in April, , the first decline in months after the government restricted residential property for sale trading in a bid to curb record inflation.

Inflation in the Gulf Arab state jumped to record of 9.5% in January, driven mainly by a 16.1% rise in housing costs.

The value of all real estate deals - including residential, investment and commercial property for sale but excluding storage - was around 206.03 million dinars ($772.7 million) in April compared to 316.75 million dinars a year ago

Commercial property for sale in Kuwait City sales rose almost 90% to 29.59 million dinars, while investment property  sales fell 29% to 82.12 million dinars.