Jordan - a top ten property market?

Jordan is apparently one of the world’s top emerging markets…

This surprising conclusion was reached by Forbes’ magazine, which placed Jordan at number 6 in its recent list of the world’s top 10 emerging investment destinations.

The magazine revealed: “Along with Israel, Jordan is one of the few Middle Eastern markets that is considered an emerging market, and Amman is both its capital and primary economic center.

“The nation's GDP growth, in real terms, outpaces the oil-producing nations in the Middle East, such as Iran, Saudi Arabia and Kuwait. Still, like most of the Arab states, there is widespread poverty, and unemployment hampers housing market growth.

“In Jordan's case, World Trade Organization membership and free trade with the U.S., as well as good lending access and improving property rights, make this a market to watch".