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The real estate market in Iraq has been heavily impacted by decades of political instability, conflict, and economic challenges. Despite these challenges, the country still offers opportunities for investors due to its large population, natural resources, and strategic location.

Baghdad is the center of the real estate market in Iraq, where demand for residential and commercial properties is high. Other major cities, such as Basra and Erbil, are also experiencing growth in their real estate markets due to increased investment in infrastructure and development projects.

Foreigners are permitted to own property in Iraq, but the process can be complex and requires working with a local legal expert. The Iraqi government has implemented laws to encourage foreign investment, including tax incentives and other benefits.

The real estate industry in Iraq is regulated by the Ministry of Housing and Construction, which oversees the issuance of construction permits and other related matters. There are also several real estate associations, such as the Iraqi Realtors Association, which play a role in the industry's development and growth.

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