It is a Funding for purchasing a ready-made property from the market whether it is (villa, apartment, residential building) or one of the projects of the Ministry of Housing which is ready through one of Funding agencies participating in the program.
The main advantages of purchasing a residential unit from the market are:
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There is a possibility to choose the appropriate type of property.
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The persons receiving a monthly income of SAR 14,000 or less (basic salary+ housing allowance) are eligible for 100% support.
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There is a possibility to benefit from the service of "reducing the down payment".