Now you can easily own your flat via Murabaha scheme and avail of the various KFH benefits like:
- Break period up to 6 months starting from contract date.
- 2 months break per year.
- Debit insurance.
- Finance period up to 15 years.
- Inspecting the property and evaluating the price ahead of purchasing.
- Educed down payment.
- Fixed installment and interest rate starting from contract date till the end.
- And much more.
Property Evaluation:
The Evaluation Department at KFH attempts to provide a full package of Real Estate services including:
- Providing evaluation services for all kinds of properties to customers like individuals,companies, establishments, legal and audit offices as well as the governmental sector, as it is considered a reliable neutral source in the Real Estate field.
- Counseling and research services.
First: Property Evaluation Services
KFH has extensive experience and thorough understanding of the Real Estate market, making it the leader in the evaluation field and thus having adequate knowledge to estimating the property real value based on the reliable database embracing detailed maps of all kinds of buildings in all regions including:
- Lands, residential buildings and investment properties.
- Commercial and residential complexes, agricultural and industrial blocks plus chalets.
Besides, KFH monitors the changes of prices periodically in all Kuwait regions, giving it the adequate know-how in the Real Estate field and thus is considered as a reliable neutral source for property evaluation requested by government sectors, establishments, individuals, companies and legal offices.
Evaluation Features:
- Ability to indicate the accurate property price based on the precise monitoring of the request and demand changes in the Real Estate market.
- Providing broad, fast and accurate information and database of a particular property.
- Conducting the necessary investigations on the buildings, from inside and outside, according to evaluation mechanics, applications and needs.
- Availability of competent experts, who are able to conduct the essential analysis on the required building plus its rental value if existent, as well as to monitor the present and future exchange meters and prices fluctuations in the Real Estate market.
Second: Counseling and Research
KFH conducts the adequate study on all projects (commercial, investment, residential. lands and depots).
Product Features:
- Providing the necessary analysis for all kinds of projects.
- Submitting up-to-date, quick and precise information, database and evaluation.
- Providing an accurate study for properties' prices in the marketplace to various government and private establishments such as companies, legal and audit offices plus individuals.
- Setting the appropriate rental value according to the marketplace trade prices.
- Estimating the rental value incase of hazardous situations.
- Indicating the property's monthly income and expenses.
- Giving a future forecast for prices and trade meters in the Real Estate marketplace based on KFH internal reports.
Conditions and required documents to get the product and counseling:
- Submitting the study and evaluation application form to the Evaluation Department.
- Copies of civil ID and identification documents.
- Paying the evaluation fees depending on the project's size and value.
Places to get the product:
KFH headquarter- second floor.
Local Real Estate Department Services at Baytak
The Local Real Estate Department at Baytak has a deep-rooted history of almost twenty years of experience and know-how that enable it to offer distinguished real estate services to its customers. The Department exerts its utmost efforts to provide the best services to the customers at the earliest possible, encourage the local construction and the real estate investments, contribute to the development of the construction boom in the State of Kuwait, fulfill the young people’s dream of finding the appropriate residence at record prices and adopt flexible and profitable methods to satisfy the customers and participate therewith to make a better future for everyone.
The Department offers a bunch of real estate services and products as it deals with all the types of realties including lands, residential, investment and commercial real estate properties and public utilities like industrial and agricultural plots and chalets.
Real estates assessment:
The Assessment Section at Baytak seeks to offer a diversified bunch of real estate services that comprise:
- Offering assessment services for the various types of realties available and all the customers including the individuals, establishments, companies, legal offices and audit bureaus, in addition to the Government sector service as a neutral party in the real estate assessment field.
- Studies and consultations services.
First: Real estate assessment services
Baytak has a distinguished experience and know-how in the real estate market outputs enabling it to reach a pioneer position in the real estate assessment field based on a database that comprises detailed maps of all the areas and building of all types including:
- Open spaces, residential houses, investment realties.
- Residential and commercial complexes, industrial and agricultural plots, chalets.
Baytak also has time chains that monitor the capacity distributed on the areas of the State of Kuwait in such a way that it became one of the most important experienced houses in the real estate field and was approved as a neutral party to carry out the assessment required by the (Government authorities, establishments, individuals, companies and legal offices).
Assessment product advantages:
- The ability to determine the best price based on an accurate monitoring of the offer and demand in the real estate market.
- To provide all the data and information on the real estate properties assessed according to the required speed and accuracy.
- To carry out the necessary internal and external surveys and inspections of the building according to a clear manual to confirm the assessment and the requirements thereof.
- Diversification of the experiences available at Baytak capable of preparing the feasibility studies of the building and the lease amount thereof if any, in addition to the follow-up of the circulation and price motion in the current and future real estate market.
Second: Studies & Consultations:
Baytak conducts feasibility studies for the various projects (commercial, consultation and residential).
Product advantages:
- To offer feasibility studies for the various projects.
- To offer information and data and carry out an assessment in an advanced method distinguished by speed and accuracy.
- To conduct a feasibility study for the market prices of the real estate properties as a neutral body for the various Government and non-Government bodies such as: (companies, legal offices, audit bureaus and individuals).
- To put the appropriate lease amounts according to the market prices.
- To assess the lease amounts in case of risks.
- To determine the percentages of monthly expenses and revenues of the real estate property.
- To offer a future vision for the price indexes and circulation in the real estate market based on internal report at Baytak.
Conditions and documents required to acquire the product and the consultations:
- To submit an application for study and consultations at the assessment section.
- A photocopy (of the document, Civil Card).
- To pay the assessment fees according to the project volume and amount.
Place of acquiring the product:
- Baytak head office, Second Floor.
- Baytak branches.
Conditions of acquiring the financing products:
To acquire one of our financing products including the sale by installments, morabaha, lease or external realties, the following conditions shall be fulfilled:
- The financing amount depends on the customer’s monthly income with the wife if she participates to the same.
- The salary shall be transferred to Baytak.
- The customer shall pay an advance payment of the amount of the real estate property required to be purchased or leased.
- Statement on the work period and the service termination (for the expatriates).
Papers required to acquire the product:
- Certificate of validity of the salary of the customer and the partner if any, as well as the sponsor if any.
- The Civil Card and nationality of the customer, sponsor and partner is any.
- Any other documents in case there is an income other than the salary.
- The presence of a sponsor who fulfills the conditions (according to the controls).
- The marriage contract in case of addition of the wife’s salary.
- Photocopy of the passport.
Real estate owner’s particulars:
- Photocopy of the Civil Card, nationality, document.
- Plan of the area.
Locations of Services
- KUWAIT CAPITAL HEAD OFFICE