Real Estate

Flats, land, commercial offices and real estate development projects

Individuals (Flats, land, offices, clinics)

The real estate sector is considered to be one of the main drivers of the national economy. Therefore, there is a need to provide new and innovative sources of funding to meet the needs of the buyers. Leasing provides flexible financing solutions that are very suitable to help everyone in owning their property rather than renting it.

Funding up to 100% of the cost of the asset.

  • No need for salary transfer, specific occupation or sponsors
  • Life insurance premium for the lessee included in the monthly premiums
  • Lease installment repayment terms of up to 15 years
  • Possibility of selling the property during or after the end of the leasing contract without payment of ownership transfer fees in some cases

 

Real Estate development projects

Leasing provides financial services that suit the needs of real estate developers and the possibility of savings in property transfer fees for the developers and their buyers, in addition to the high flexibility in procedures and the mechanism of funding their projects.

  • Funding that corresponds to the purpose of the project
  • Leasing period that matches the expected duration of the project including construction and marketing
  • Competitive return on investment
  • Funding up to 60% of the total cost of the project, including cost of land, labor and building material
  • Possibility of transferring the contract to the buyer and hence saving property transfer fees
  • No fees for attesting the contracts
  • Simple and clear process all throughout building the project, funding and marketing it

Required documents for financing real-estate (flat, land, house, clinic, office)

  • Copy of the identity card or valid passport
  • Recent salary certificate with the detailed salary breakdown
  • Bank account statement for the last 6 months
  • Proof of any additional income (If applicable)
  • Recent copy of the social security register (If applicable)
  • Documentation related to the property (Site regulatory plan, land territory plan, title deeds, estate estimation)
  • Copy of the initial sales contract

Contact us

 

Our specialized teams of consultants are prepared to help you with your enquiries / specialized personnel prepared to service you 

 

Specialized Leasing Company, a member of the Housing Bank group. All rights reserved. © 2015