Luxury Real Estate Blog and News

Apartments in Kuwait lie vacant as expats leave the country

December 04, 2019 - Kuwait
Kuwait’s property market has been hit by the increase in the number of expatriates leaving the country, with several apartments now lying “vacant”, local daily Kuwait Times reported.

Kuwait property sales plummet in Q2

August 04, 2009 - Kuwait
Kuwaiti real estate sales plunged 47 percent in the second-quarter compared to the year earlier period, as a result of the global financial crisis, official data showed on Sunday. Property sales in the Gulf Arab state fell to 280.8 million dinars ($977.7 million) from 529.1 million dinars in the second quarter last year, it showed.