About the country Saudi Arabia: detailed information about partners and market features

Víctor SadygovManaging partner of the Housebook project in Saudi Arabia

“The Kingdom of Saudi Arabia (or KSA) is the most dynamically developing real estate market in the GCC, with a GDP of over $2 trillion (the 17th largest economy in the world) and stable interest from foreign investors. Currently, the most active real estate purchases are in Riyadh, Jeddah, Mecca, and Medina. Over the past four years, investments in the country's infrastructure have exceeded $400 billion. The authorities support the market by issuing residence permits for real estate investments, exempting income from taxes for 30 years and permit to purchase real estate with foreign passports. Welcome to Saudi Arabia!“

Selection
Selection
- Our managers will select the property according to your client's request
- We take care of all communications with the client and the developer
- Fixed uniqueness of the client in the Housebook system
- We will solve all legal issues and help with the transfer of funds
- You will receive 50% of the commission paid by the developer, with minimal personal involvement
Selection
Reservation
- Fixed uniqueness of the client in the Housebook system
- Communication with the developer and assistance in the transaction processing is on us
- You'll receive 70% of the developer's commission from the transaction