Saudi Arabia's Real Estate Scene
A Golden Opportunity for International Investors
Saudi Arabia is in the midst of a major real estate revolution, driven by the forward-thinking Vision 2030 initiative. Innovative, investor-focused policies are making the country a real magnet, potentially the most rewarding property market in the Middle East for those looking to invest from abroad.
Who Can Invest?
- Foreign investors with MISA approval
- Saudi expatriates holding a valid Iqama
- International purchasers buying through publicly listed real estate firms
Foreign individuals and businesses can buy residential and commercial properties in Saudi Arabia, including in Makkah and Madinah (subject to criteria), thanks to recent legal changes.
Requirements
You'll need approval from the Saudi Real Estate General Authority (REGA) before finalizing a property purchase.
For commercial real estate, an Investment License from the Saudi Arabia Ministry of Investment (MISA) is required.
Always check the official Ministry of Investment Saudi Arabia (MISA) website for the most current information.
Foreign Buyer's Guide: Step-by-Step
1. Define Your Investment Goals
Consider what type of property you're seeking - high-end houses, apartments, business spaces, or short-term rental properties. Having clear goals will help narrow your property search.
2. Obtain Legal Approvals
For commercial property purchases, you'll need an Investment License from the Ministry of Investment (MISA). It's also advisable to notify the Saudi Real Estate General Authority (REGA) to initiate the approval process.
3. Property Selection and Verification
Use Saudi Arabia's official Ejari system to verify the property's title deed and legal status. This crucial step ensures everything is legitimate and helps avoid potential issues.
Costs & Fees
Real Estate Transaction Tax (RETT)
5% of the property's final purchase price
Property Registration Fees
1-2% of the total property value
VAT (Commercial Properties)
15% on commercial property transactions
Legal & Agent Fees
Typically 1-3% of the property's selling price
Maintenance & Service Charges
Common in gated communities or upscale developments - include these in your regular expense calculations
Life in Saudia
Digital Saudia
Hospitality and Tourism
Sports and Entertainment
Luxury Apartments in Riyadh
Exquisite living spaces with modern amenities in the capital of Saudi Arabia
Waterfront Villas in Jeddah
Experience premium living with breathtaking sea views
Commercial Lands in Dammam
Prime location business properties for your investment needs
Family Villas in Al Khobar
Spacious and serene residences perfect for family living
Send Us a Message
Visit us at our corporate office located at The Business Gate, Airport Road, Riyadh, Saudi Arabia.
Property Management Services
As your reliable partner in Saudi Arabia's real estate market, we recognize the challenges of overseeing your investment property—be it residential or commercial—particularly if you're located outside the Kingdom.
