KAUST – Rapidly Climbing The Global Success Ladder
The Saudi government has been working on the country’s development with the utmost devotion for the past few decades. The efforts range from changing things internally to enhancing the country’s image internationally.
Under the road map provided by the Saudi Vision 2030, there has been extra focus on improving the infrastructure, economy and quality of life for the people of the country. The government is taking steps towards the ultimate goal realization by working on the grass root levels. In order to actualize the Vision 2030, a vibrant society, a thriving economy and an ambitious nation have been set as the parameters.
The development of the King Abdullah Economic City along the Red Sea coast is part of the same program. The city promises a more fulfilling life to its residents, helping to contribute towards the aim for a vibrant society.
This, however, is not the only step taken by the government. The recent housing laws and the White Land Tax, lead to the realization of Vision 2030. The “rent” program and the modified housing loan terms, have paved way for further investments. The average Saudi is much more closer to becoming a homeowner, thanks to these laws. It was not possible for everyone to afford a apartments for sale in Jeddah or Makkah. But there have been queries regarding, hinting at enhanced buying power of the common man.
Intriguing Attraction For The Arabian Peninsula
The KAUST, situated in Thuwal, in the Makkah region, is a sight to behold. The university town is breathtakingly beautiful and well structured. Situated by the magnificent Red Sea coast, only a short distance from the King Abdullah Economic City. The inauguration of KAUST has breathed fresh air in to the city of Thuwal. Once, only a fishing village, its luck has changed for the better.
The university has been accredited among one of the top universities in the world. Consequently, it has started attracting the best students and the most talented teaching staff from all over the world. Saudi Arabia has always had an enchantingly mysterious feel to it for the world. Unlike USA, Canada, Australia and the European countries, people don’t visit Saudi Arabia just randomly.
That is why the country has remained a mystery for the non-Muslim world. Making it more lucrative for the westerners. Now that the country has opened it s doors wide, people are flocking in to explore the exotic charm of the Arabian Desert. With more students and faculty members looking for properties for rent in Thuwal KAUST, it is a great investment opportunity for the locals to buy properties for rent in Thuwal KAUST.
The property will surely generate a steady stream of income for the owner, and is expected to bring great profit upon sale. For property listings by authorized estate agents, check out eSimsar.com.