“Approved investment” VelesClub Int. — turnkey apartments with 3-5 bedrooms are available in a landmark project on the Red Sea coast. Residents have access to a rooftop garden, gyms, swimming pools, valet parking, concierge services and property management services. Payment scheme: 50% upon booking, 25% 12 months after signing the sales contract and 25% 18 months after signing the contract. Air conditioning and kitchen furniture are included. Investing in real estate in Saudi Arabia can be profitable due to the following factors: Saudi Arabia's commercial real estate investment volume in 2020 was US$2.8 billion (JLL), Saudi Arabia is implementing reforms and providing incentives for foreign investors, commercial real estate values are expected to be that next year real estate in Saudi Arabia will grow by 3-5%. Company VelesClub Int. will help buyers with registration of residence. The project is located 10 minutes' walk from the famous Jeddah Corniche. The Formula 1 Grand Prix took place here in March. Traditionally, 3-4 months before the race, the demand for rental real estate near the track increases exponentially. The organizers intend to use the route at least until 2027.
For residents of VelesClub Int. Special prices, individual forms of payment and installment payments are available.
*The analysis was carried out within the framework of an individual investment model to achieve maximum profitability for the period specified in the characteristics. For a complete analysis or free consultation, contact our specialists.
