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Why Buy Property In Iraq

Jul 23, 2008
There are many reasons that people choose to invest in foreign property. For most it can mean the start of a whole new life, often somewhere hot and relaxed and the chance to live out their dream. It then becomes a cheap holiday spot for friends and family who will descend on you at all times of the year and you will never be alone. Never!

So, where to invest in a foreign property that will stop all but the keenest of family visiting? Well, how's this for an idea? Buy a foreign property in Iraq.
Why would you want to buy a property in a country that has seen nothing more than war and terrorism for the last thirty years? Why, when there are reports in the paper everyday of the trouble and strife in Iraq would you want to invest in it, let alone move your family out into the centre of it?

Surprisingly, Iraq has a lot going for it. The Seventies saw a real tourism boon for Iraq. It has beautifully hot weather, amazing scenery, lush greenery and a unique contrast between its ancient history and archaeological interests and all the mod cons of today. Some of these sites have suffered massively during the turbulent years but these are a relatively happy and forward thinking people and are doing everything they can to restore the country to its former glory and encourage people to visit again.

But this is exactly what makes it the up and coming place to buy a foreign property. Places can still be snapped up while the country struggles to regain its composure and will leave you with a property worth much more than you paid for it along with a beautiful place to live. In fact, one area of Iraq, The Tarin Hills, have had vast amounts of the country's money poured into it to build a whole community that is both beautiful and safe.

The Tarin Hills project covers 16 million square meters of land and encompasses its own golf course surrounded by houses that exude luxury and convenience. The complex is gated and secure and comes fully equipped with health centre, business park, schools, retail complexes, water and theme parks, craft centre, art complexes and business hotels. For accommodation, you can choose a country style lodge, villa, townhouse or apartment depending on your budget.

So, what's not to like? The obvious concern is the fighting but Iraq is a big place and even the locals in the war torn zone live by the rule that life goes on. However, The Tarin Hills are far from this area and all you need to see is beautiful, lush scenery, perfectly constructed buildings and a community that all aims for peace and stability. This is a little haven in amongst a place that has a bad reputation.

All modern amenities are in place such as high speed wireless internet services and you get everything that you could enjoy from a community where everybody wants the same thing. Business prospects are good in the area, investment opportunities are all around and the government are doing all they can to pick up the tourism trade. The country has always had tourists, particularly the religious type, and this is being expanded to encourage anybody that would want to see a beautiful part of the world that they would normally not consider.
About the Author
Property expert Catherine Harvey looks at the reasons to buy foreign property in Iraq.
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