Best areas to buy real estate in Saudi Arabia: Housing in cities and coastal areas
Modern Saudi Arabia is not only the Army of the Desert and the usual oil gifts. Today, it is becoming a real magnet for those looking for attractive real estate investment options. And it's no wonder, as the country offers exciting investment opportunities thanks to rapid economic growth, ambitious government projects such as Saudi Vision 2030, and a truly favorable climate.
In this article, I will guide you through the main points on the country's map where real estate investments can turn out to be real gems. From ultra-modern urban neighborhoods to the picturesque Red Sea coastline.
Popular cities for buying real estate
Riyadh
Ah, Riyadh... When you enter this city, it's as if you're entering the secular heart of Saudi Arabia. It's a place where you can't miss the pulse of business activity and the speed of modernity. Here, in the center of the business world, the demand for housing and commercial real estate is skyrocketing. El Olaya and Al-Malka - they're not just neighborhoods, they're real magnets for foreigners. What makes them so attractive to people? Yes everything - from developed infrastructure, cozy cafes on every corner to spacious parks. The price of apartments here varies from 150 thousand to 400 thousand eurosDepending on the location and amenities, but the comfort that residents receive is more than worth the cost.
Dhahran and Ed-Dammam
Dhahran and Ed Dammam are cities that will win you over with their proximity to oil companies and favorable location. It is easy to find accommodation for both living and business. Whether you are looking for a luxury villa for half a million euros or a small apartment for 100,000 eurosThere is a choice for everyone. Just a couple of steps away from home and all the comforts of modern life open up to you. These places are a treasure trove for those who want to be at the epicenter of the country's energy power.
Jeddah
Imagine walking through Jeddah, and that phrase "gateway to Mecca" becomes more evident than ever before. Surrounded by the sea, this city captivates with its endless development and dynamic infrastructure. Kornjić National Waterfront in combination with upscale residential neighborhoods like Al HamraThese are a real bargain for lovers of life by the sea. Prices for housing here can start from 200 thousand eurosand prestigious villas can reach up to a mark of 2 million euros. But trust me, the whisper of the waves will be worth every euro.
Real estate on the coast
Red Sea resort areas
The Red Sea is not just water, it is a real treasure, hiding crystal clear turquoise waters that attract not only tourists but also serious investors. It is here, on the coast, where an ambitious NEOM project - it promises to become a real eco-city of the future, offering unique opportunities for property owners. It is known that prices for apartments in this neighborhood can start from 300 thousand eurosHowever, the luxury villas within the project may reach the mark of 5 million euros.
Tabuk and Umlüge are not being left on the back burner either. These towns are becoming a paradise for those looking for a more relaxed and measured place to live. If you have always dreamed of a house with a sea view in the south, here it is quite possible to make it a reality by shelling out approx. 200 thousand euros. For those who plan to actively use the property as a vacation rental home, investing in these areas can be a great strategy given the steady flow of tourists.
Housing in Asir Province
Immerse yourself in the atmosphere of Asir province and you will feel the freshness of the mountainous climate envelope you. Unlike the fierce heat of many other regions of Saudi Arabia, here you will find the coolness and greenery that make Asir a magnet for tourists. Imagine a morning in a mountainside lodge, with the first rays of sunlight touching the peaks and the surroundings quiet and peaceful. The average price for such a mountain getaway here is approx. 150 thousand eurosWhile more modern or luxurious options can be more expensive.
Asir offers not only a wonderful vacation away from the hustle and bustle of the city, but also a lucrative prospect for those looking for a peaceful place to stay for a long time. Affordable prices, pictures of nature and culture - this region beckons and is sure to please everyone who buys a home here.
Types of real estate and their benefits
When you choose real estate in Saudi ArabiaThe question after question may come to mind: "An apartment, a villa or maybe a house with a garden?". The options depend on your lifestyle, your wallet and, of course, your dreams!
Apartments
If your path takes you to the center of events and you are ready to feel the rhythm of modern life on your own skin, apartments in Riyadh - your trump card. Fast metro, modern office centers and stylish restaurants are all right at your doorstep. Apartment prices start from approx. 150 thousand euros and could be as high as 500 thousand euros for more luxurious options. Apartments are often chosen by those who appreciate modern architecture and minimalism in the interior.
Villas
Coastal villas are not just real estate, they are a breath of freedom and luxury at the same time. If you are a nature lover and want to wake up with a sea view, unique villas in locations such as Jeddah or suburban Red Sea neighborhoods can make that dream come true. And yes, they are chic in every sense. The villas range in price from 400 thousand euros before millions of eurosIf we are talking about top places, such as the future NEOM project. This investment is not just a real estate purchase, but an investment in your dreams.
Houses
And for those who prefer moderation and coziness of country life, country houses open the door to a world of peace and harmony with nature. Imagine an evening on a warm veranda with a cup of tea, when you can't hear the sound of the city behind the fence. Such houses, for example, in the province of Asir, will cost you an average of from 100,000 euros for standard offers and above. They will suit those looking for a balance between a rural idyll and the necessary modern amenities.
Conclusion
So, where in Saudi Arabia should you consider buying property? The answer depends on your preferences: do you like the bright lights of the metropolis, the sea breeze or the peace of the mountain scenery? Either way, Saudi Arabia offers unique opportunities for investors from all over the world. Don't miss the chance to be part of this prosperity - explore the market, compare options and make a choice that will unlock the riches of this wonderful country. If you have any further questions or would like to seek professional assistance, our team is always on call and ready to help!
El Olaya and Al Malqa - these neighborhoods are known for their developed infrastructure and comfort, attracting many foreign investors.
The price of apartments varies from 150 thousand to 400 thousand euros depending on the neighborhood and quality of construction.
Jeddah is a port city with developed infrastructure, upmarket neighborhoods and sea views, making it popular with buyers.
The NEOM project, Tabuk and Umluj offer unique investment opportunities due to their attractive location and development.
Asir Province attracts with its picturesque mountain scenery and more comfortable climate, offering affordable accommodation for living and vacationing.
Villas on the coast start from 400 thousand euros and can reach millions of euros in luxury areas such as the NEOM project.
Apartments are popular in cities among those who appreciate dynamics and minimalism, while villas are preferred by connoisseurs of nature and privacy.
Country houses are popular in places like Asir province where you can find tranquility and nature, close to the city.
Foreigners can buy real estate in certain zones, but the process requires careful paperwork and compliance with the law.
The choice of property type depends on the goals: apartments in the city for a quick investment, villas on the coast for long-term ownership.
Which neighborhoods in Riyadh are popular with foreigners?
El Olaya and Al Malqa - these neighborhoods are known for their developed infrastructure and comfort, attracting many foreign investors.
How much does an apartment in Riyadh cost?
The price of apartments varies from 150 thousand to 400 thousand euros depending on the neighborhood and quality of construction.
Why is Jeddah considered an attractive place to buy real estate?
Jeddah is a port city with developed infrastructure, upmarket neighborhoods and sea views, making it popular with buyers.
What projects are of interest on the Red Sea coast?
The NEOM project, Tabuk and Umluj offer unique investment opportunities due to their attractive location and development.
What makes Asir province notable for investors?
Asir Province attracts with its picturesque mountain scenery and more comfortable climate, offering affordable accommodation for living and vacationing.
What is the price range for beachfront villas?
Villas on the coast start from 400 thousand euros and can reach millions of euros in luxury areas such as the NEOM project.
What is the difference between apartments and villas in Saudi Arabia?
Apartments are popular in cities among those who appreciate dynamics and minimalism, while villas are preferred by connoisseurs of nature and privacy.
Where to buy a country house in Saudi Arabia?
Country houses are popular in places like Asir province where you can find tranquility and nature, close to the city.
Can foreigners freely purchase real estate in Saudi Arabia?
Foreigners can buy real estate in certain zones, but the process requires careful paperwork and compliance with the law.
What types of real estate are best for investing?
The choice of property type depends on the goals: apartments in the city for a quick investment, villas on the coast for long-term ownership.