It’s too risky to have property in Middle East

Can you determine the relation between politics and property? Well, you may argue that both belong to different disciplines and there is hardly any relation therefore. It is agreed. But there are certain times when many things get intermingled though they appear to be different, especially to the cursory view. Take for instance Middle East. In this particular zone a dreadful ethnic and religious conflict between Israelis and Palestinians is going on for decades and this single factor has made the entire area not only a hotspot but also one of the most dangerous zones of earth. But in spite of this crude reality the real estate sector of Israel is in full momentum.

For that reason and owing to reasonableness of prices lots of real estate agents have started to project these properties as prize properties. What’s more, for the last few years real estate fairs in London and Manchester have been advertising properties for sale in Israeli settlements such as Maale Adumim and Har Homa, both in the West Bank. Now the question remains how far will this be a safe investment? Everyone is conscious of the strange atmosphere of Israel and its adjoining areas. What will you do if you are living in London and get such a good offer in Israel? Your first duty would be to have a discussion with the governmental authority in your country.

Keep in mind that the British Government has already started advising its citizens of the danger of such reckless adventures. According to the view of the government, any purchase of property in settlements in the Israeli-occupied Palestinian territories is synonymous to risk the life.

In a draft warning to Britons about buying settlement properties, the Foreign Office or FCO states very categorically: “Potential purchasers should be aware that a future peace deal between Israel and the Palestinians or between Israel and Syria could have consequences for the property they purchased.” The nearest instance is an admonition to UK citizens about the risks of buying property in Turkish-occupied northern Cyprus.

All these indicate that Middle East is too dangerous for purchasing property and decent living.