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Real Estate financing in the kingdom of
Saudi Arabia
constitutes a great challenge on the ground of competition between
operating in this field in terms of real estate mortgage for
individuals. This will be clear to us when we know that only 30% of
Saudi citizens own houses, where the remaining are still suffering the
vortex of rent and continuous transfer from place to another.
Based on the indications of population crisis which began to appear,
Mullak international company (which is the first real estate mortgage
company in the kingdom) strives to work hard to contribute to built
houses in possession of citizens although this aim is full of challenges
and difficulties where MULLAK international faithfully assumed the
responsibility of facilitating the same for individuals with the
objective of enabling them to possess houses of their own.
From this, I’m pleased to introduce MULLAK International Company which
is deemed to be the first company operating in the field of residential
units, installments for individuals at intervals reaching twenty years
in accordance with legal framework. The company is working towards
leading alliances with local and international companies in the field of
real estate promotion in order to be able to provide the houses required
by its customers at the best and highest quality.
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