What’s the real estate market like in Saudi Arabia for foreign buyers?
I’ve heard there are big changes happening in Saudi real estate, but I’m unclear on whether it’s really open to foreigners now. Is it possible to buy there as an expat or investor?
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Things are definitely opening up. Real estate in Saudi Arabia has become more accessible since Vision 2030 reforms. Foreigners can now buy in certain zones like Riyadh, Jeddah, and NEOM. Prices vary widely — you’ll find luxury apartments in Riyadh starting around $300K, while Jeddah beachfront homes can go much higher. There’s a big push to develop lifestyle-oriented communities with parks, tech hubs, and more. It’s still early days compared to UAE or Qatar, but the shift is real. Legal guidance is a must though, since regulations are evolving. Investors are watching closely — rental yields in the right areas look promising.