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Saudi KAEC unveils summer residential offering
RIYADH, August 10, 2019
Saudi Arabia's King Abdullah Economic City (KAEC), the largest privately-funded new city in the world, has announced the launch of its extraordinary summer residential offering under ‘Own a Turquoise View and Get a Car Free’ slogan. The offer is valid until August 31.
Under this extraordinary campaign, families and investors will get a wide range of housing solutions, thus making homeownership possible for all Saudi citizens, as well as an enriching lifestyle in the economy city which is a key part of the many contributions that KAEC is making toward realising Saudi Vision 2030, said a statement from KAEC.
Residents will get to enjoy a variety of exclusive and luxurious lifestyle experiences and benefit from KAEC’s numerous facilities, which include waterfront dining options, retail outlets, health care, security, mosques, the highest quality schools, world class universities and a number of luxury sporting and recreational facilities, it stated.
The 'live by the sea' campaign that is launched for the first time ever, offers a free car upon purchasing a residential unit, with flexible payment plan over the course of five years with zero interest, and only 20 per cent down payment, said Charles Biele, CEO of KAEC’s Real Estate Development Company.
"The residential communities in KAEC offer a collection of lifestyle elements and amenities which is unprecedented for any developer in Saudi Arabia, especially for those seeking entertainment, relaxation and rejuvenation with a direct view of the Red Sea and within a progressive, private and safe environment supported by technologically advanced infrastructure and world class amenities," he added.-TradeArabia News Service