Peace in Afghanistan’s capital has been a boon for real estate

In a town that has been through it all and is clawing its way back, a man named Omidullah is looking to hit pay dirt.The Kabul real estate agent is selling a nine-bedroom, nine-bath, white-and-gold villa in the Afghan capital. On the roof’s gable, glittering Arabic script tempts buyers and brokers with the word “mashallah”—”God has willed it.”The villa is listed at $450,000, a startling number in a country where more than half of the population relies on humanitarian aid to survive, most...