Saudi news

“Infath” launches 22 auctions for the sale of real estate assets in Saudi Arabia

The Attribution and Liquidation Center “Infath” announced the holding of 22 public auctions, which vary between physical and electronic auctions. For the sale of more than 300 real estate properties in various regions of the Kingdom, in addition to various movable auctions, during the period from January 15 to January 22, 2023 AD.

The real estate varies between commercial, residential, and agricultural lands, villas, buildings, rest houses, and buildings. The Al Qassim online auction, which is held on 20 properties in the Al Qassim region, and the Al Shamal electronic auction, which is held on 9 properties in each of Arar, Sakaka and Tabuk.

And the electronic auction of the bounties of the south, which is held on two real estate in the Asir region, and the auction of the jewel of Arar 2, which is held in the city, which is held on 15 real estate in the city of Arar, and the urban Dyar Al-Gharbiyya auction, which is held on a real estate in Taif Governorate, and the electronic auction of Diyar Al-Gharbia, which is held on a real estate in Makkah Al-Mukarramah, and the electronic antique house auction, which is held on 5 real estate. In Makkah Al-Mukarramah, the electronic diamond auction of Riyadh, which is held on 4 real estate in Riyadh, the electronic auction of the Land of Goodness, which is held on 4 real estate in the city of Tabuk, and the future of Al-Kharj electronic auction, which is held on 20 real estate in Al-Kharj Governorate, according to the Saudi Press Agency, “SPA”.

Infath is also evaluating the Riyadh Jazan online auction held on 15 real estate in the Jazan region, the Qassim Lighthouses electronic auction on 17 real estate in the Al-Qassim region, the online Atlaat auction on 13 real estate in each of Asir, Al-Baha, Jizan and Makkah, and the Jeddah Flowers 2 electronic auction on 14 real estate in the city of Jeddah, and the online auction of Aseel Najd, which is held on 7 real estate in the city of Riyadh.

As for the movable auctions, Enfath supervises two urban auctions in Riyadh and Medina. The first is held on the contents of a factory, machinery, and equipment, and the second is held on a warehouse of ceramics. For those wishing to view more details and conditions for participation in the auctions, you can view the Infath website through the link: https://infath.sa/auctions.

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