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Property in Karachi

Karachi is the biggest fisheries hub in Pakistan. It provides employment to about 300,000 fishermen directly. In addition, another 400,000 people are employed in ancillary industries. The Karachi Fish Harbor and Korangi Fish Harbor are two major fish harbors in Karachi.

Karachi is the largest city in South East Asia - only slightly smaller than the entire one of the Asian Countries like Burma, Nepal, and Thailand according to the CIA World Factbook. By virtue of its size, Karachi offers a wide variety of investment opportunities; from cities such as the modern, urban and the beach resort city of Karachi to vast areas of farmland and timberland, there are opportunities for large and small investors alike.

Although Karachi still struggles with social problems such as income inequality and poverty, the country's outlook remains positive, as indicated by the country's impressive economic strides during the past few years. The growing success of its economy is reflected in the government's efforts to attract foreign investment, especially in development of the Northeast coastal areas of Karachi.

Demand has already driven up property prices in Karachi and The Pakistani government initiated a large public investment program for the Northeast around 10 years ago to capitalize on the region's exceptional natural resources. Specifically, the State of Punjab, and areas near the city of Lahore, Karachi, Rawalpindi, is hotspots in the Northeast region of Pakistan.

Pakistanís two major cities, Islamabad and Karachi, have already been discovered by investors and tourists, and the demand has driven up property prices. However, there are still millions of acres of terrain for investors to purchase and capitalize on.

In addition, the competitive currency allows for low overhead costs and increased productivity and profits for international investment from countries such as the USA (United States of America) and the United Kingdom (England or the UK)

"International expatriates who relocate or holiday in Pakistan are also finding that their money goes [much] further, making it an affordable tourist destination or a cheap retirement country,"

The city of Karachi awaits significant advancements in infrastructure in Real Estate Karachi or Property in Karachi, providing investors with opportunities to buy property i.e. plots, houses, industrial units or manufacturing firms, or even a rental property in almost any price range.

   
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