Your Property Abroad is a Flourishing Asset
KFH offers International Real Estate service at various countries, along with its outstanding products and services, to satisfy customer's needs while traveling abroad. This significant service fullfills customer's aspiration in getting his own property abroad easily and with flexible installments, according to KFH terms and conditions, to enjoy the ultimate peace of mind and stability. The Murabaha process is conducted by competent experts in this field.
Required Purchase Documents:
- Copy of client's Civil ID.
- Copy of passport.
- New salary certificate (other documents if there is another income other than the salary).
- Permanent salary transfer letter from employer.
Required Documents for seller:
- Copy of owner's ID.
- Copy of ownership certificate.
- Documents that confirm the exact property location.
Local Real Estate Department Services at Baytak
The Local Real Estate Department at Baytak has a deep-rooted history of almost twenty years of experience and know-how that enable it to offer distinguished real estate services to its customers. The Department exerts its utmost efforts to provide the best services to the customers at the earliest possible, encourage the local construction and the real estate investments, contribute to the development of the construction boom in the State of Kuwait, fulfill the young people’s dream of finding the appropriate residence at record prices and adopt flexible and profitable methods to satisfy the customers and participate therewith to make a better future for everyone.
The Department offers a bunch of real estate services and products as it deals with all the types of realties including lands, residential, investment and commercial real estate properties and public utilities like industrial and agricultural plots and chalets.
External real estate properties morabaha
Baytak attaches paramount importance to provide its customers’ requirements of new services and products, whether banking, commercial or investment products both inside and outside Kuwait to fulfill the customer’s needs. The new products and services offered by Baytak comprise the international real estate morabaha service in Holy Mecca, Medina, Bahrain, Sultanate of Oman, Emirates, Lebanon, Egypt and London to own the real estate property that suits the customer’s needs.
- To fulfill the customer’s desire to own a real estate property abroad at convenient conditions for both the citizens and the expatriates.
- Easy installments that suit the customer’s income.
- The customer shall be granted an appropriate grace period to settle the first installment.
- To offer the necessary consultation and technical services.
- To feel safe as the morabaha operation is carried out by means of experts in the real estate field with the follow-up and arrangement of Baytak.
Conditions of acquiring the financing products:
To acquire one of our financing products including the sale by installments, morabaha, lease or external realties, the following conditions shall be fulfilled:
- The financing amount depends on the customer’s monthly income with the wife if she participates to the same.
- The salary shall be transferred to Baytak.
- The customer shall pay an advance payment of the amount of the real estate property required to be purchased or leased.
- Statement on the work period and the service termination (for the expatriates).
Papers required to acquire the product:
- Certificate of validity of the salary of the customer and the partner if any, as well as the sponsor if any.
- The Civil Card and nationality of the customer, sponsor and partner is any.
- Any other documents in case there is an income other than the salary.
- The presence of a sponsor who fulfills the conditions (according to the controls).
- The marriage contract in case of addition of the wife’s salary.
- Photocopy of the passport.
Real estate owner’s particulars:
- Photocopy of the Civil Card, nationality, document.
- Plan of the area.
Locations of Services
- FAHED AL-AHMAD
- KUWAIT CAPITAL HEAD OFFICE
- KUWAIT CAPITAL MAKKI JOMAA TOWER