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Source:
زاد الاردن
Rise in foreign property ownership
The real estate market in Jordan experienced a noticeable boom in non-Jordanian property ownership at the beginning of this year. Transaction values increased by 19% over the first eight months of the year, exceeding 147 million Jordanian dinars, with a slight decrease in the number of transactions by 1%. The high demand for residential apartments—accounting for approximately 56% of the total value—has contributed to strengthening the market and fostering expectations of further growth, especially in light of recent amendments to residency laws that encourage property purchases. This trend reflects the country’s stability, its attractiveness as a real estate investment destination, and further supports the economy. Indicators suggest that the current growth is oriented toward higher-value properties, with better finishes and prime locations.
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