Damascus Syria Real Estate

A Damascus-based design and research firm has unveiled plans to transform the traditional Damascus house in Damascus, Syria, into a smart technology using smart technology.

The small scale model was built to give a glimpse of the future of the traditional house in Damascus in its present state.

I think I should forget the idea of buying an apartment and living in the city with my family and friends, "Rami said. The Syrian government can help to lower the price of housing and increase the number of affordable housing in Damascus and other parts of the country, said Judaydat Artuz, the owner of the building project, which has its roots in the city.

For various reasons, housing and business prices have risen astronomically, but Syrian citizens cannot cope with this increase. Abu Gasem told the Syria Times that there is no new building land in Damascus and residents are being forced to buy nearby suburbs, for example. He stressed that rental income is the basic income for many families in Syria.

Anecdotal reporting suggests that the Assad regime has closed Russian-owned Shiite centers - controlled areas of the country, but not in Iran. Lebanon's Al-Modon website quoted a source in late 2018 as saying that since the beginning of the "Syrian Revolution," more than 8,000 properties have been transferred to Iranian figures in and around Damascus linked to the Islamic Revolutionary Guard Corps (IRGC) and other Shiite organizations. Syrian officials quoted in the report say at least 1,500 properties in and around Damascus, the capital of Syria's second-largest city, have been transferred to Shiite foreign owners in the past three years. According to Syrian interlocutors to this report, there have also been reports of property belonging to dissidents and their relatives behaving so badly that provisional confiscations were ordered against them after they were transferred.

Iran has encouraged local partners to acquire land and real estate in Damascus and Homs, which is crucial to the Syria-Lebanon link in the fight against the Islamic Revolutionary Guard Corps (IRGC) and other Shiite organizations. Tehran has also relied on the purchase of land in Syria's eastern provinces of Homs and Aleppo to expand its influence in those areas and acquire a greater share of the country's oil and gas resources and natural gas reserves.

Most of the property is in and around the Sayyidah Saynaab shrine in Damascus, and this coincides with Iran's involvement in the fight against the Islamic Revolutionary Guard Corps (IRGC) and other Shiite organizations in Syria and Lebanon. Iranians and Damascus have focused on the same strategy as other property developers who bought land during the war - torn cities to take advantage of falling prices in times of turmoil. Just buy a house, keep your head down until the weapons in Syria go silent, and wait for the day when Damascus booms and becomes a very profitable investment.

A source working in the real estate sector said: "In recent days, a Shiite family with a member of the Iraqi Al-Nujabaa militia bought a house on the outskirts of Damascus near the Sayyidah Saynaab shrine in Damascus. For two years they have been quietly buying houses in and around the old town. We contacted three people responsible for seizing property, all of whom are outside the city, and met them in their homes.

In late 2019, Sovt al-Asima discovered that properties in Damascus's Old City were being sold to prominent Shiite Damascus residents for billions of dollars. Nazzam convinced the residents to sell their property to an Iranian businessman who used his contacts to reach Damascus and other parts of the Middle East.

Although the practice of owning property in Syria is not new, analysts say it has increased since the rebel uprising began in 2011. Iran's economic influence in Syria has grown exponentially in recent years as a result of its military intervention in the country's civil war. Foreign investors in Damascus and other parts of Syria have increased significantly since Tehran was granted a long-term seat on the UN Security Council and a permanent seat in the UN General Assembly.

Syrian law currently does not allow foreign citizens to own or buy real estate, and Iran seems to have an exclusivity in this area. Land and real estate in Syria are owned by local licensed NGOs and foreign companies operating in Syria, but not Iran.

Iranian investors have been forced to do business with the Iranian embassy in the city of Damascus, a city of more than 1.5 million people. Iranian investors, but also Iraqis who have escaped violence in their homeland by buying real estate in Damascus, are doing so - well. He added: "The wealthy have escaped the violence and bought properties in and around Damascus for their families. Government workers and employees have bought properties in al-Qasr, Al-Azhar, Qaboun and other parts of the capital.

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