Buying Property in Pak (Islamabad)

[Saqs]

Was thinking of putting some money away into the Pak property market - primarily looking in Islamabad and perhaps Bahria in Pindi (although not getting title to your land seems very strange as is the case with Bahria)

Reasons being:

1. Will give me a base to move back to when required.

2. Currently the exchange rate is quite low, and property prices have come off a little. With the elections happening early next year and an IK landslide victory on the cards (IA lol) - the gains will be twofold - one through an improvement in the exchange rate, and two through a stabilisation and uplift in the property market.

Suggestions? For/Against?

I was thinking of picking up a 420sqm block with a 2-3 storey 5br house in ISB for around 1.5 to 2.2 crore PKR - which seems quite reasonable (although no backyard for cricket).

If I wanted a bigger block (say 1,000sqm), how much would that set me back? 6-7 crore PKR?

[Yuri]

I suggest you spend another 20K PKR on good professional advice.

[Saqs]

Being a property professional, I would rather not.

I just wanted some "on-ground"/"street" advice (not entirely property specific).

[sada90]

Originally Posted by Saqib S Was thinking of putting some money away into the Pak property market - primarily looking in Islamabad and perhaps Bahria in Pindi (although not getting title to your land seems very strange as is the case with Bahria) Reasons being: 1. Will give me a base to move back to when required. 2. Currently the exchange rate is quite low, and property prices have come off a little. With the elections happening early next year and an IK landslide victory on the cards (IA lol) - the gains will be twofold - one through an improvement in the exchange rate, and two through a stabilisation and uplift in the property market. Suggestions? For/Against? I was thinking of picking up a 420sqm block with a 2-3 storey 5br house in ISB for around 1.5 to 2.2 crore PKR - which seems quite reasonable (although no backyard for cricket). If I wanted a bigger block (say 1,000sqm), how much would that set me back? 6-7 crore PKR?

look in to bAhria town ,