By webadmin, 29 September, 2021

Unlock Your Home’s Value

There always come those opportunities through which real estate investment plans may change. The property purchase and leaseback product allows you to provide cash flow that makes you able to start a new journey of real estate investment with ease.


 

How It Works:

This product allows you to obtain appropriate cash flow by mortgaging your property to BIDAYA, and then re-renting it at a good profit margin.

Product Benefits:

  • Up to 25 million SAR funding
  • Reasonable profit margin
  • Obtain larger financing amount through joint financing with first-degree relative
  • Inclusive of insurance in case of death, disability, and natural disasters
  • Flexible and decreasing Financing Feature
  • Terms and conditions apply

 

Image (banner)
PURCHASE AND LEASE-BACK
Mobile image (banner)
PURCHASE AND LEASE-BACK
Sub title
Find out more about the Purchase and Lease - Back (Mortgage)
Thumbnail image
PURCHASE AND LEASE-BACK
Thumbnail mobile image
PURCHASE AND LEASE-BACK
Product Type
Retail
Weight
4
Eligibility
  • Minimum Work Experience 3 months
  • Minimum Income 4,000 SAR
  • Minimum Finance Period 5 Years
  • Maximum Finance Period 30 Years
  • Minimum Finance Amount SAR 300,000
  • Property Age not to exceed 45 years at finance maturity
  • The administrative fees is 1% of the financing amount or 5,000 riyals, whichever is less

Bidaya Calculators

This Assessment of Eligibility does not constitute and Offer, Financing Approval or Commitment by Bidaya Finance to the applicant. Price declaration examples and calculator results are used for demonstration purposes. Prices may vary for some customers depending on related factors such as credit record etc.

  • The maximum finance amount for first home buyers is 90% of the property’s value.
  • For second home buyers and above, the maximum finance amount is 85% of the property’s value.
  • For DPG beneficiaries, the maximum finance amount is equivalent of 95% of the property’s value.
  • In the case of (Early Settlement), the total early settlement amount reflects the profits of the first 3 months after the end of the second year based on the contract’s start date (months 25,26,27).
  • Prices are reviewed on a monthly bases (last update was on March,2024).
  • The Installment/Rental Installment consists of (Principle + Profit).
Attachments
Product Prices Examples June 2023_2_1.pdf (102.33 KB)

Product Example

Attachments
Click Here For Products Prices Examples ( 8/2023 ) (440.96 KB)