Real Estate in Al Khobar, Saudi Arabia
Last updated on Jan 17, 2024
Summary: The most desirable neighborhoods in Al Khobar, Saudi Arabia are Al-Rashid, Al-Aziziyah, Al-Khobar Corniche, and Al-Khobar Heights. The average cost to buy a nice 2 bedroom home in Al Khobar is around $200,000 USD, while a nice 3 bedroom home can cost around $250,000 USD. These properties typically include modern amenities such as air conditioning, central heating, and a fully equipped kitchen. Foreigners are allowed to own property in Al Khobar, however, they must obtain a permit from the Ministry of Interior. When searching for a home to buy in Al Khobar, expats should consider their budget, desired location, and the type of amenities they are looking for. It is also important to research the local real estate market and consult with a real estate agent to ensure they are getting the best deal.
How do I find a place to live in Al Khobar?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"One way to find a place to live in Al Khobar is to search online for rental listings. Websites such as Expat.com, Bayut.com, and Property Finder offer a variety of rental listings in the area. Additionally, you can search for rental listings on social media platforms such as Facebook and Twitter. Additionally, you can contact local real estate agents who specialize in the area to help you find a suitable place to live. Finally, you can also ask friends and family who live in the area for recommendations," remarked one foreigner who made the move to Al Khobar.
Get Quote
GeoBlue is a trusted leader in international health insurance. Wherever your destination, GeoBlue can keep you and your family covered with the right health insurance. Get a GeoBlue Quote Today!
GeoBlue is a trusted leader in international health insurance. Wherever your destination, GeoBlue can keep you and your family covered with the right health insurance. Get a GeoBlue Quote Today!
Get Quote
What is a typical expat home or apartment like in Al Khobar?
"Expat homes and apartments in Al Khobar are typically modern and spacious, with large windows and balconies that offer stunning views of the city. Many of the apartments come with amenities such as air conditioning, satellite TV, and high-speed internet. The buildings are usually well-maintained and secure, with 24-hour security guards and CCTV cameras. Expats can also find a variety of restaurants, cafes, and shops in the area, making it a great place to live," explained one expat living in Al Khobar, Saudi Arabia.
GeoBlue is a trusted leader in international health insurance. Wherever your destination, GeoBlue can keep you and your family covered with the right health insurance. Get a GeoBlue Quote Today!
GeoBlue is a trusted leader in international health insurance. Wherever your destination, GeoBlue can keep you and your family covered with the right health insurance. Get a GeoBlue Quote Today!
What is the average cost of housing in Al Khobar?
If you are thinking about moving to Al Khobar, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Al Khobar varies depending on the size and location of the property. Generally, the average cost of a one-bedroom apartment in the city is around SAR 2,500 per month, while a three-bedroom apartment can cost up to SAR 5,000 per month. Prices for villas and larger properties can range from SAR 10,000 to SAR 20,000 per month," said one person in Al Khobar.
Should I buy or rent a home in Al Khobar?
If you have not spent a lot of time in Al Khobar, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"When deciding whether to buy or rent a home in Al Khobar, it is important to consider your budget, lifestyle, and long-term plans. Buying a home can be a great investment, but it requires a large upfront cost and a long-term commitment. Renting a home can be more affordable and flexible, but it may not provide the same financial benefits as owning a home. Ultimately, the decision to buy or rent should be based on your individual needs and preferences," said one person in Al Khobar.
What do I need to know when buying property in Al Khobar?
When we asked expats what advice they would give a foreigner before buying a property in Al Khobar, they said:
"Before purchasing property in Al Khobar, it is important to research the local housing market and regulations. Familiarizing yourself with local purchasing procedures and laws is also essential. Researching the prices of similar properties in the area will help guide your decisions. It is also critical to ensure any property you purchase meets standard safety and health requirements. Additionally, it is important to ensure that the seller is indeed the legal owner of the property, as well as securing the necessary permits and approvals related to the property. Lastly, it is important to consult a reputable real estate lawyer to ensure the transaction meets all legal requirements," said one person in Al Khobar.
Are foreigners allowed to own property in Al Khobar?
When we asked expats what advice they would give a foreigner before buying a property in Al Khobar, they said...
"Foreigners are not allowed to own property in Al Khobar. The Saudi government does not permit foreign nationals to own real estate in the country, except in certain cases where a foreign company is granted a license to own property for business purposes. Foreigners may, however, rent property in Al Khobar, and some foreign companies may be able to purchase land for business purposes," said one person in Al Khobar.
What appliances are typically included in a rental?
We asked foreigners in Al Khobar what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"A typical rental property in Al Khobar, would typically come with appliances such as a refrigerator, electric oven, and washing machine. Other basics such as air conditioning, heating, and water tanks may also be included. Some homes also come equipped with a microwave and dishwasher. Finally, most furniture items and appliances will have energy efficient models, such as LED lights and energy grade-rated appliances," explained one foreigner living in Al Khobar, Saudi Arabia.
Additional Information about Searching for a Home in Al Khobar:
We asked foreigners in Al Khobar what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"Expats can search for homes in Al Khobar by looking online for real estate listings, contacting local real estate agents, and asking other expats for recommendations. Additionally, expats can look for housing advertisements in local newspapers and online forums," said one foreigner living in Al Khobar, Saudi Arabia.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
Other Questions:
- What do I need to know before moving to Al Khobar?
- What is a typical expat home or apartment like in Al Khobar?
- What is the average cost of housing in Al Khobar?
- How do I meet people in Al Khobar?
- What do I need to know before retiring in Al Khobar?
- What should I pack when moving to Al Khobar?
- Where should I setup a bank account in Al Khobar?
- Will I be able to find a job in Al Khobar?
- What is life like as an expat in your area?
- What do people like (and dislike) about Al Khobar?
- What type of social life can someone expect in Al Khobar?
- What is the social scene like in Al Khobar?
- What advice to expats in Al Khobar have about housing?
- What are medical services in Al Khobar like?
- Are healthcare and health insurance expensive in Al Khobar?
- Is the cost of living in Al Khobar high?
- What are the visa & residency requirements in Al Khobar?
- Why do people move to Al Khobar?