Kabul’s Luxury Real Estate Market Thrives Amid Economic Challenges
In Kabul, Afghanistan, the luxury real estate market is experiencing a surprising boom despite widespread poverty. Local broker Omin Dula is selling a lavish nine-bedroom mansion for $450,000, attracting offers from affluent Afghans returning from abroad. Conditions are improving under the Taliban, leading to a 40% rise in property prices as former expatriates seek a stable life at home. With limited access to mortgages, cash transactions dominate, and brokers report clients looking for high-end amenities, reflecting a shift in local housing preferences. The surge in property interest underscores an unexpected resilience in Afghanistan’s economy.