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Real Estate

(Residential projects, commercial complexes and lands)

Financial leasing offers financing services that are appropriate for real estate developers. Leasing also allows real estate developers and purchasers to save on transfer of ownership fees, in addition to the high degree of flexibility of procedures and mechanisms related to cash disbursements for construction work.

Features

  • Financing that is in line with the purpose of the project
  • The Leasing period is in line with the expected amount of time for erecting and marketing the project
  • Competitive leasing rate
  • The asset itself serves as the primary guarantee for the financing
  • Financing a portion of the land to be purchased and the construction works
  • It is possible to transfer ownership to the buyer, thus allowing the client (the Lessee) to save up on transfer of ownership fees
  • Easy and clear procedures during the various phases of construction related to cash disbursements for the project
  • Maintain the benefits granted to housing companies (exemptions for property transfer fees)
  • Special services offered to buyers from our housing projects (preferential leasing rate, easy procedures, exemptions from property ownership transfer fees)
  • High degree of flexibility and fast procedures.

Required Documents

  • Copy of the identity documents (National ID for Jordanians, Passport, and Personal Number for foreigners non-Jordanians) for all partners. 
  • A recent bank statement for the last 6 months for the company and for each partner. 
  • The company’s official documents, including a general overview and a description of its activities. 
  • A list of completed and in-progress projects (if available). 
  • A statement of existing liabilities. 
  • The company’s financial statements for the last two years, and the trial balance to-date (if available). 
  • Recent property documents for the land intended to be purchased (registration deed, Organizational scheme, land survey). 
  • Property valuation from a real estate appraiser approved by us. 
  • A feasibility study. 
  • Preliminary sale contract.

*The company reserves the right to request any additional documents if necessary. 

*Terms and conditions apply.