This Product targets real estate owners in Saudi. Saudi is one of the safest countries in the world, ranked third among G20 nations in the Security Indicator. Saudi aims to have three cities among the world’s best 100 cities in which to live.
Service Price and Execution Period
Service Fees:
10,000.00 SAR
Tax:
15%
Government Fees:
4000 SAR
Execution Period:
60
Government Approval Time:
90
Required Documents
Certified evaluation of the value of the real estate asset from Taqeem.
A copy of the residency permit. Only the Absher copy(in the new yellow form with the residency expiry date written)is added for each ID
Passports copy.
Personal photos.
Visas for visitors.
The applicant’s personal national address.
Property title deed.
Service Conditions
Owning or benefiting from real estate assets worth no less than 4 million Saudi riyals in Saudi Arabia.
The property must not be mortgaged and must not be mortgaged after that.
The ownership or use of the property must not be through real estate financing.
The property type must be residential only.
The property must be existing and not from developed or undeveloped lands.
A certified valuation of the value of the real estate asset issued by appraisers accredited by the Saudi Authority for Certified Valuers “Taqeem”.
The transaction period in the system is 3 months, which can be increased according to each transaction.
All residencies and passports must be valid for 6 months at the time of application.
All contracts with customers are officially documented through Nafath
