Home Property in Pakistan
How to buy a house in Pakistan?
Here you will find the detailed information about real estate purchasing in Pakistan:
- the right way to choose the property and to effect the deal;
- property taxes and duties that should be paid;
- everything about home loans in Pakistan;
- home property management and renting;
- rental, commercial properties and related investment properties.
Real estate for sale
Most recent offers from house owners in Pakistan and from real estate agencies. Advertisements with the fixed price and auctions are listed here.
You can leave a comment and give advice to other visitors planning to buy a home in Pakistan.
Pakistan offers all kinds of real property from shabby houses on the outskirts of small towns to spacious beautiful villas, which are located in special areas intended for premium estate construction. This implies a great difference in property prices. However, the country is still lacking the housing as well as various infrastructures.
Sale and purchase process of property in Pakistan
The process of real estate acquisition by foreign nationals is currently being regulated with the course towards significant liberalization.
Pakistani government is planning to introduce several reforms, in order to boost investments in commercial construction projects and local property.
Residents of other countries, willing to buy real estate in Pakistan, often employ the services of legal and real estate companies, which assist in the process of land and property purchase.
Besides different “workarounds” that involve registration of legal entities, acting as investors, other schemes based on family ties are quite popular and successful.
Apartments in Pakistan
Foreigners, who consider a possibility of purchasing local real estate, often turn their attention to the metropolitan agglomeration, which is in the northern part of the country.
Prices for apartments in all regions of Pakistan stay roughly on the same level. The average price for a flat of medium quality and area is 60 thousand Euros.
Apart from wealthy investors from neighboring countries, foreigners may also purchase local apartments with the purpose of further resale.
Houses in Pakistan
The sector of private house construction is less developed throughout the whole country. At the same time, the number of house sale transactions is growing annually and is even getting ahead of apartment sales. Let’s outline some main reasons for such growth. The first is a great variety of major real estate developers that are constantly growing in number. And the second is that paying capacity of population is also growing consistently.
Buying a house in Pakistan requires around 100 thousand Euros (although this is an estimate). Note that prices for luxury villas may reach half a million Euros. archived version