Rat and Mouse
Tue
24
Nov
Kabul - property hotspot
According to local estate agents, prices in some parts of Kabul have risen by 75% in the past year.

Fancy a bit of that? Then grab it fast... before it flies past your ear in pieces. Interestingly, while security is obviously "a concern", the economy is less of one. Kabul is officially recession-proof, as it's almost entirely driven by UN money. But good luck to anybody who might eventually have to deal with bureaucracy and land registry. If you can't feel secure buying in Spain...

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Comments

The reason for a sky roketing prices of properties in Kabul is the pumping of US BUKS in kabul. The US Army is renting some of the 3 to 4 bedroom houses from 25,000 to 50,000 Dollars a month and this is the reason that some of those houses in kabul are sold for 2 to 2.5 Million Dollars.

Its really shame that we here in United States can not built our own economy But we are building and pumping millions of Dollars in Kabul.

The winner is the property owner and those people who sale there property at this time will make fortune because it is 100% confim that these property prices in Kabul are a short term prices and they will go down dramatically in a very coming future.

My suggestion is that, If you are a property owner in Kabul,Afghanistan, SELL IT NOW.

Posted by jet at February 6, 2010 6:50 AM

Comments

it makes me laugh when i heared on bbc that properties prices are that high in kabul.

i wish i had property in kabul I will sell it now.

Posted by parker at February 11, 2010 3:16 PM


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