Hyderabad, Nov. 13 -- At least 84 percent of wealthy Muslims around the world are interested in buying properties in the cities of Makkah and Madinah.
According to the Arabic daily Al-Eqtisadiah, citing a new research done by the British real estate business Knight Frank, 82 percent of them want to buy in the Kingdom of Saudi Arabia (KSA) in general.
The survey indicates that the wealthy Muslims with a net worth between 2 million dollars and 3 million dollars are reportedly interested in purchasing a home in Makkah.
48 percent of Makkah property buyers plan to use it as their primary residence, with 40 percent having a budget exceeding 5 million dollars.
The survey shows that 77 percent of expatriates desire to own a home in Saudi Ara...
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