Construction & Development
Off-Plan Sale
Short Definition
Selling real estate units before construction completion, regulated by Saudi Wafi program, offering buyer lower price and developer early financing.
In Other Languages
Arabic
البيع على الخارطة
بيع وحدات عقارية قبل اكتمال البناء، ينظمه برنامج وافي السعودي، يتيح للمشتري سعراً أقل والمطور تمويلاً مبكراً.
English
Off-Plan Sale
Selling real estate units before construction completion, regulated by Saudi Wafi program, offering buyer lower price and developer early financing.
Turkish
Plan Dışı Satış
İnşaat tamamlanmadan önce emlak birimlerinin satışı; Suudi Wafi programı tarafından düzenlenir, alıcıya düşük fiyat ve geliştiriciye erken finansman sunar.
Related Terms
Wafi Program
Saudi off-plan sales program, requiring developers to meet strict standards protecting buyers, ensuring quality of real estate projects.
Construction Project
Project to construct new property or renovate existing, phases: planning, design, execution, delivery, requiring professional management.