TIP: Want to use the forums? Register your account here!
It is extremely difficult for an expatriate to buy property in Saudi Arabia, and since most contracts are just for a few years there is little incentive to do so. The purchase of property by foreigners used to be prohibited, and although this is no longer the case it is virtually impossible to buy a house which costs anything less than a million UK pounds (Sterling).
Submitted by Inayatullah, June 2009
Expatriates are allowed by gov to have residential property, and some developers have already sold properties in their projects to expatriates. And some companies are even offering instalment plans like Dar Al Arkan, offering houses to expatriates on monthly instalment plans.
The price of one double storey villa with 6 to 7 rooms is around 100,000 uk pounds.
--
Got something to add to this section? Spotted something which should be changed? Please let us know!
Copy and paste the text below to insert the button displayed above on your site. Thanks for your support!
Use of this website signifies your agreement to the Terms of Use/Privacy Policy available here.
DISCLAIMER: Nothing on this web site should be interpreted as legal advice or as a buy, sell, hold or other investment recommendation. Visitors are strongly urged to consult with a qualified legal or financial advisor before making any decisions. Neither Expat Focus nor any person involved with the running of this website can be held responsible for any decisions made by our visitors.