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Building for sale64184964195841110
Building for sale64184964195841111
Building for sale64184964195841112
Building for sale64184964195841113
Building for sale64184964195841114
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SAR 7,500,000
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Building for sale

addressJFRB2952, 7963, Al Rayaan, Jeddah 23741, Saudi Arabia

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Description

*Luxury new investment building for sale with income over 10%* - City: Jeddah - Al-Bawadi neighborhood - Property age: New - Land area: 528 square meters - Facade: Western side, 12-meter wide street *Property details:* 6 floors consisting of:- - Ground floor: Parking spaces. - 4 repeated floors, each floor consists of:- - 1 apartment with one room, living room, kitchen, and one bathroom + 6 apartments with two rooms, living room, kitchen, and bathrooms. The sixth floor: - 4 apartments, two with private independent roof terraces consisting of 2 rooms, living room, kitchen, and two apartments with two rooms, living room, kitchen without roof. Note: (All apartments have fitted kitchens) Total number of units: 32 apartments - Water and sewage connected to the property + fiber internet. - Full automatic elevator with 6 stops and a paid maintenance contract for two years. - Al-Ruwished stone facade. - Marble entrance. - Split air conditioning ready with American-made ducts. - Installed surveillance system. - Security system doors. - Video intercom screen in every apartment. - Installed fiber internet cabling. - Central antenna for each apartment. - All windows are double glazed. - Interior and exterior paints from Jotun. - Electrical installations from Al-Fanar company. - Water piping from Al-Khaleej, all hot water ready. Personal construction executed by a certified and classified contractor with highest quality under supervision of an accredited engineering office and a private consultant managing the project and supervising all construction phases; all stages documented (photos and video clips available). All building materials, finishing, and construction works are under warranty. Estimated potential annual income for the property according to market prices in the area reaches up to 840,000 SAR annually, yielding over 10% return on property value.. Asking price: 7,500,000 SAR net final (((Excluding tax))) Directly with the owner

Source:  haraj View original post

Location
JFRB2952, 7963, Al Rayaan, Jeddah 23741, Saudi Arabia
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haraj

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