According to Saudi Arabian law, foreigners cannot have direct land ownership. However, they can buy apartments or commercial properties. Foreigners purchasing such properties can obtain long-term lease rights, allowing them to use the property for residential or commercial purposes during the lease period.

Selecting reliable developers or property agents is paramount. Evaluating their credibility can be done by examining their track record, reputation, and client reviews. Additionally, collaborating with experienced lawyers helps ensure the legality and transparency of property contracts and transaction procedures.

When buying property in Saudi Arabia, it's essential to understand the associated taxes and fees, such as property taxes, land transfer costs, and legal fees. These costs may vary based on the property type and price, necessitating prior research and budget planning.

Similar to any real estate market, the Saudi Arabian property market carries certain risks. These risks include property value fluctuations, challenges in leasing and management, and legal and political factors. Before making investment decisions, a comprehensive risk and return assessment is recommended, along with seeking professional advice.

Foreigners buying property in Saudi Arabia need to be familiar with local laws and regulations. This includes land ownership regulations, real estate transaction procedures, and any restrictions on property ownership for foreigners. Seeking advice from professional lawyers or consultants ensures that property acquisition aligns with local laws and regulations.