Saudi Arabia offers 25 real estate investment opportunities
The General Authority for State Real Estate offers 25 real estate investment opportunities in 10 regions with a rental period of up to 30 years. This is done through a public bid through the Foras portal https://furas.momra.gov.sa.
The authority explained that the real estate opportunities are distributed in each of the: Riyadh region, and includes commercial lands with multiple uses in the neighborhoods: (Al-Muhammadiyah, Al-Ghurabi, Al-Malaz, Al-Faisaliah).
And opportunities in the Makkah region, including commercial lands 1300 meters from the Grand Mosque, and others in the Salama neighborhood north of Jeddah, and a gas station on the Makkah-Jeddah highway.
In addition to opportunities in the Eastern Province, including fuel stations in vital locations on highways and the new Sultanate of Oman Road, and investment logistical lands on the Uqair-Salwa coastal road, Dammam Abqaiq Road, and a commercial building on Jubail Dhahran Road in Qatif Governorate.
In Al-Madinah Al-Munawwarah, two investment opportunities were presented: the first was a commercial land near the immigration road, and the second was a commercial land along the Imam Ali bin Abi Talib road.
As for the Jazan region, a commercial building was put up in the Harroub Governorate, and in the Rafha Governorate, a commercial land was put up on the Jubail-Arar highway.
The authority advised investors and those interested in obtaining more information to contact the unified contact center number 920022447, or e-mail CS@SPGA.GOV.SA.