Saudi Arabia's inbound tourism to boost private housing rents in 2023

Ministry of Tourism-Housing Rentals

Reading time: < 1 MinuteThe annual statistical report issued by the Ministry of Tourism revealed that private housing rentals in the Kingdom recovered with the support of inbound tourism during the past year. The report showed that “private residences” came in second place for housing options for incoming tourists in 2023 by 21% with 5.7 million tourists, after the hotel sector, which topped the first place with 15.7 ... Read more

Eastern Municipality launches “We made it easy for you” initiative to issue a certificate of building compliance Details

Building Compliance Certificate

Reading time: < 1 MinuteThe Eastern Province Municipality launched an initiative under the title “We made it easy for you”, which aims to urge citizens to issue a building compliance certificate before the end of the corrective period on August 16, 2024, which will become mandatory in the cities and governorates of the region. The Municipality explained that the initiative comes in compliance with the initiatives of the Ministry of Municipalities and Housing, to contribute effectively to the development and humanization of the Kingdom's cities, and to raise ... Read more

How are real estate marketing and sales contracts concluded and what are their terms?

Off-plan real estate projects

Reading time: < 1 MinuteThe General Real Estate Authority (GRA) has clarified how to conclude real estate marketing and real estate sale contracts, and the conditions that must be met to complete the two contracts. The authority said in a tweet on its account on the social networking site “X”: “In order to conclude a marketing contract or a real estate sales contract, you fill out the contract data electronically and upload the required documents for each type of contract after that, the concerned parties approve the contract ... Read more

Free of charge. How to issue a certificate of compliance electronically via Riyadh Municipality's Municipal Services Portal

Building Compliance Certificate

Reading time: < 1 MinuteThe Riyadh Municipality launched the stages of issuing the compliance certificate free of charge for building owners and usufruct owners, in easy and easy electronic steps, through the electronic portal for municipal services via the integrated link here Steps to issue the certificate of compliance The Riyadh Municipality explained that the steps to issue the certificate are as follows: Log in through the portal, select e-services, select municipal services, then control and compliance services, ... Read more

King Salman Stadium. Saudi Arabia unveils designs for the world's largest sports stadiums (video)

Reading time: 3 MinutesThe Royal Commission for Riyadh City and the Ministry of Sports have announced the future designs and visualizations of King Salman Stadium and its sports facilities, one of the largest sports stadiums in the world, which will be the headquarters of the Saudi national team and will host major sporting events and activities. King Salman Stadium is located north of Riyadh on King Salman Road next to King Abdulaziz Park, and is characterized by its proximity to ... Read more

Riyadh to host the 14th edition of the Saudi Green Building Forum Next October

Riyadh - Saudi Real Estate Market

Reading time: < 1 MinuteRiyadh will host the 14th edition of the Saudi Green Building Forum (SGBF) from October 6-8, 2024, under the patronage of His Excellency the Minister of Municipalities and Housing, Mr. Majid bin Abdullah Al-Hogail, with the participation of a number of local and international leaders from experts, specialists and investors in services and products that are friendly to humans and the environment. The Ministry of Municipalities and Housing explained that the forum aims to exchange aspects of cooperation and enhance ... Read more

Taif Municipality conducts monitoring tours to ensure compliance with the requirements of the Saudi Building Code

Reading time: < 1 MinuteTaif Municipality, represented by the Building Code Department and engineering offices, carried out field monitoring tours on buildings under construction in various parts of the governorate. The municipality aims to ensure the quality of construction and adherence to the requirements of the Saudi Building Code. It also seeks to follow up on the application of the building code and penalize establishments that violate the requirements, with the aim of improving the level of construction and ensuring public safety and health. She explained ... Read more

Two skills that help real estate investors succeed and close more deals Get to know them

Investors in real estate

Reading time: < 1 MinuteAmerican businessman Ken McLeroy, an expert in real estate investment, revealed two essential skills to achieve success and wealth in the real estate sector or any other business activity through a post on the social networking site “X” (formerly Twitter). McLeroy, author of «The ABCs of Real Estate Investment,» explained that these two skills are: Selling skill: Mastering the skill of selling is selling ideas, products, or ... Read more

“Enforcement oversees 26 auctions to sell 324 properties in several areas next month

Reading time: < 1 MinuteThe Assignment and Liquidation Center “Enforcement” announced the holding of 26 public auctions, both physical and electronic, to liquidate and sell 324 residential and commercial properties, in addition to a group of vehicles, in 12 regions of the Kingdom during the period from August 1 to 10, 2024. The center explained that the auctions are held in different regions of the Kingdom, where 7 auctions will be held in the Riyadh region to display 56 ... Read more