The Estate Liquidation Board of Sheikh Saleh bin Abdulaziz Al Rajhi, may God have mercy on him, in cooperation with Itqan Real Estate Company - the exclusive marketer of the estate - will resume this afternoon, Saturday, the work of auctions for the estate, as it receives businessmen and those interested in obtaining the best investment opportunities at 4:30 pm this afternoon in Riyadh, at the Intercontinental Hotel.
The auction will feature the following properties The following properties will be auctioned:
Mansoura Complex - New Batha'a Building - Al Salam Complex - Al Malaz Complex - Al Olaya Complex - Al Zahir Workshop - Old Ghubaira Complex - Al Awaida Workshop - Al Namshan Building - Al Mutlaq Building - Building 52 King Fahd Neighborhood - Land and warehouses in Thaleem Neighborhood.
The following properties will be offered in the auction
Requirements to enter the auction:
<Obtaining the bidding card. <Personal presence of the buyer or his/her legal agent. <Bank check in the name of the estate of Saleh bin Abdulaziz Al-Rajhi for the amount of:Two million and seven hundred thousand riyals for bidding on property number 1
One million six hundred thousand riyals for bidding on property No. 2.
One million six hundred thousand riyals for bidding on property No. 2 One million and two hundred thousand riyals for bidding on property number 3.
One million and two hundred thousand riyals for bidding on property number 3.
Eight hundred thousand riyals for bidding on properties No. 4, 5 and 6.
Eight hundred thousand riyals for bidding on property No. 4, 5 and 6.
Six hundred thousand riyals for bidding on properties 7 and 8
Six hundred thousand riyals for bidding on properties 7 and 8
<One hundred and fifty thousand riyals for bidding on properties number 10, 11 and 12.
The check is considered part of the value of the property to the successful bidder and has no right to return it.
Whoever wins the auction must pay the rest of the property value within a maximum period of 35 working days.
In case of non-payment within the specified period, the sale will be resold at the buyer's risk in a new auction and he will be obliged to pay the shortfall in the price and the expenses of the auction.
The bidding check will be returned immediately if the auction is not awarded to the bidder.
<The Board's option is forfeited if the auction is awarded. <Attendance is limited to bidders or those who have qualified to participate in the auction.








