1 Day
Source:
الاقتصادية
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Saudi firm targets Chinese investors
Manassat Real Estate Company has launched a marketing campaign in Chinese to sell residential apartments in Riyadh, aimed at attracting foreign investors, especially the Chinese community, following the start of application of the foreign property ownership system in Saudi Arabia in January 2026. The advertisement focuses on detailed offers in foreign languages, targeting investors from China and East Asian countries, and provides legal and financial information to facilitate the purchasing process. This new system is considered an important step to enhance the appeal of the Saudi real estate market and support Vision 2030, allowing foreigners to own properties in specific areas for a fee of 2% on real estate transactions in four major cities.
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