Iraq Real Estate | Iraqi Land & Property For Sale

Iraq is a country with broad based economic growth and plentiful resources. Click on the cities on the map to learn more about Iraq and how FRC can help you invest in these emerging opportunities

Iraq Map

Iraq Map

Baghdad

Population : 6.55 million

Baghdad province is Iraq's smallest but best known governate. Its capital is the city of Baghdad, Iraq's capital and largest city. Baghdad is the most developed of Iraq's provinces with good infrastructure and bustling business and industrial areas. The major business district is located in central Baghdad. One of Iraq's largest oil refineries, as well as several smaller industrial plants, is also based in the city. Prime properties found along the banks of Tigris. Neighborhoods such as Karrada and Mansour boast upscale country clubs, high-end restaurants and a lively nightlife. Foreign Real Estate Consultants can help you find you that perfect home or the office space that will meet your prices and preferences.

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Arbil

Population : 1.39 million

Arbil is part of the Kurdish Autonomous Region in the north of Iraq and its capital is built on the site of an ancient Turkish fort. Salahaddin University, one of Kurdistan's largest universities, is in Arbil. Also the Kurdish Regional Government (KRG) has planned on building a new $325 million adjacent to the existing Arbil International Airport. The province borders Turkey and Iran and lies between Lesser Zap and Greater Zap Rivers making the fertile Arbil plain a major region on agriculture. Agriculture constitutes 29 per cent of Iraq's gross domestic product and 20 per cent of the country's employment. Iraq's agriculture sector has a great deal of potential, with 27 per cent of the land's population suitable for cultivation and over half of this enjoying plentiful rain levels. Contact a Foreign Real Estate Consultant to see how you can take advantage of these great investment opportunities.

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Basra

Population : 1.80 million

The capital, Basra, is the second largest city in Iraq and borders Iran and Kuwait. Along with neighboring provinces Missan and Thi-Qar, Basra Province contains about 80 percent of Iraq's oil reserves. Umm Qasr is a major port city in the province of Basra which sees a lot of trading of goods coming and in and out of the country. Iraq's first post-conflict permanent government passed a new investment law in October 2006, opening up its economy to foreign investment. Total foreign direct investment flows into Iraq were $300 million in 2006, estimated as 0.7 percent of GDP. In addition, three mobile telecommunications licenses were granted by the Government of Iraq, in August 2007 priced at $1.25 bn each for a total of $3.75 bn.

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Mosul

Population : 1.74 million

Mosul is a city in northern Iraq and the capital of the Ninawa Governorate. The original city stands on the west bank of the Tigris River, opposite the ancient city of Nineveh on the east bank, but the metropolitan area has now grown to encompass substantial areas on both banks, with five bridges linking the two sides. The fabric Muslin, long manufactured here, is named for this city. The city of Mosul is home to the University of Mosul, one of the largest educational and research centers in Iraq and the Middle East. Mosul has recently seen a rise in housing demand. In general, the real estate industry in Iraq is growing at a phenomenal rate. The reconstruction and rehabilitation of Iraq has created a huge demand for building equipment and basic building materials, finishing products, engineering skills, technology, environmental awareness and maintenance systems. The estimated investment need of Iraq's housing sector for the period of 2007 - 2010 is $52 billion dollars, or almost 50% larger than Iraq's oil sector. Contact a FRC agent so that we can show how you can get involved in the real estate opportunities in Iraq.

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Najaf

Population : 978,000

Najaf is a city about 160 km south of Baghdad, and considered one of the holiest cities in Iraq. With recent stability in the region, Najaf has seen a rise in tourism. Iraq is the cradle of civilization, the Biblical Fertile Crescent, and is home to some of the greatest ancient sites in the world. The Tigris and Euphrates rivers have supported life in Iraq for more than five thousand years. In addition, the Iraqi landscape ranges from snowy northern peaks in winter to excruciating desert sands and dramatic marsh lands that are home to a way of life little changed little from ancient times until well into the twentieth century. The ancient Babylonia and home of many ancient civilizations, Iraq also has some of the most significant shrines in Shiite Islam, along with sites associated with Biblical Judaism and Christianity. It is now recognized that tourism has great potential as a growing industry in Iraq. USAID Izdihar program has opened a business training center that emphasizes the tourism sector which is expected to attract 4 million visitors in 2009.

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Kirkuk

Population : 850,787

The capital of the Kirkuk governorate, Kirkuk is located 156 miles from Baghdad and is the center of the northern Iraqi petroleum industry. Kirkuk is the site of one of Iraq's largest oil fields which produces up to 1 million barrels of oil a day, nearly half of total Iraq exports. The utilizing of Iraq's valuable oil and natural gas resources holds the key to the wealth and prosperity of the country. The oil sector dominates the Iraqi economy, with oil exports traditionally being responsible for around three quarters of the country's gross domestic product (GDP). The sector also accounts for roughly 90 per cent of the country's foreign exchange earnings. Iraq has an estimated 112 billion barrels of potential oil resources, second only to Saudi Arabia in the entire world. Many within the petroleum sector feel that Iraq's undiscovered resources could increase the quantity of oil held to as much as 200 billion barrels. The country also has world-class natural gas resources, estimated at 110 trillion cubic feet. It is felt that this figure could increase significantly as exploration continues. The cost of production is among the lowest in the world because the fields are onshore, very large, and have a relatively simple geological structure. It has been estimated that with its natural resources Iraq has the potential to earn between $10 billion and $15 billion over the next few years. Iraq's oil sector plan also targets an increase in gas production and invites foreign companies to participate in developing the oil and gas field in shared production contracts.

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FRC provides Iraqi real estate brokerage to buyers and sellers in and outside of Iraq. We provide Iraq property services for Baghdad, Basra, Mosul, Kurdistan region and land in all Iraqi cities.