It is a 100% ownership right that allows you to own, use, and dispose of the property. The owner has the right to pass the property on by inheritance, gift, or sale.
What is Leasehold?
A form of long-term lease that allows foreign citizens to obtain the rights to use residential property or land plots in the Kingdom for an extended period. According to current legislation, the maximum term of a leasehold agreement is 30 years. There is an option to renew it twice for the same period. A total of 90 years.