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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Iraqis seize the real estate market of Jordan

    Rocky
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    • Post n°1

    Iraqis seize the real estate market of Jordan Empty Iraqis seize the real estate market of Jordan

    Post by Rocky Fri 15 Sep 2017, 4:20 am

    Iraqis seize the real estate market of Jordan


    Iraqis have continued their acquisition of the property market in Jordan during the past eight months of this year, ahead of many Arab nationalities, both the number of transactions carried out or the value of investment.
    According to a statistical report by the Jordanian Department of Land and Survey, Iraqis came in real estate sales in the Kingdom during the last eight months of the current year with 668 properties and Saudi nationality ranked second with a total of 356 properties, while Syrian nationality ranked third with a total of 191 properties.
    The total value of investments was $ 159 million, 51% of the estimated value of non-Jordanians. Saudi Arabia ranked second with about $ 65 million and 20%, while Syrian nationality came third with $ 17 million and 5%.
    According to the report, the number of real estate sales to non-Jordanian investors in the last eight months of this year amounted to 1771 transactions, including 1303 transactions for apartments and 468 land transactions valued at 315 million dollars, a decrease of 7% compared to the same period last year.
    The total sales of real estate in the Kingdom during the eight months of the current year amounted to 87163 transactions, a decrease of 10% compared to the same period last year 2016.
    According to the report issued monthly, the number of real estate sales to non-Jordanian investors during the month of August last year of 295 transactions, including 213 transactions for apartments and 82 transactions of land value estimated $ 39 million, down 20% compared with the same month last year 2016.
    The Iraqis also came first in August sales of 116 properties, Saudi nationality ranked second with 47 properties, and the Syrian nationality third with a total of 37 properties, and Kuwait with a total of 24 properties.
    In terms of value, the Iraqis also came first with an investment of $ 25 million and 65% of the estimated value of non-Jordanians during the month of August, followed by Saudi nationality of $ 4 million and by 12%, followed by Syrian by $ 2 million and 5%.
    According to the report, the volume of total trading in the Jordanian property market during the eight months of this year to 5,687 billion dollars compared to 611.11 billion dollars for the same period last year 2016.

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