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Buyers Market?

Hello, I'll be coming across to Riyadh soon and will have to find my own accommodation. I was thinking of a compound. I hear they all have a lot of empty property and are open to negotiation - does anyone have a ball park figure of discount that might be negotiable? Many many thanks!

Hey NIreland - also from good ole NORN IRON!

Just arrived and going through the same process myself this week with compounds, so I'll let you know how I get on.

I did visit Al Bustan - tres expensive but very nice - I think their 'token gesture' discount would have been around 10%, if that.

But when you''re charging 196K SR for one bedroom, then I'm sure you're not the discounting type.

I don't think it's much of a buyers market there.

good luck

Alan

ps - always offer half, argue around 1/3 and settle on 25% off if you have to - standard practice where 'I' come from :)

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