For sale a building in Al Ramila, a distinguished location

For Sale: Luxury Building in Al Rumaila - An Unmissable Investment Opportunity

A unique investment opportunity is offered to you to own a building in the vibrant Al Rumaila area, as it extends over an area of 3,500 square feet. The building consists of a ground floor and 4 floors, and contains a variety of apartments, as follows:

8 apartments consisting of two bedrooms and a hall, ideal for families looking for comfort and privacy.

11 apartments consisting of one bedroom and a hall, suitable for individuals or couples.
The building is distinguished by its current return of approximately 390,000 riyals annually, with the possibility of increasing income significantly, as all current contracts are linked to the old price.

This building is not just an investment, but an opportunity to secure a fixed and sustainable income in an area witnessing an increasing demand for housing.

The asking price is 4,200,000 riyals, with the possibility of negotiating the price.

If you are looking for a successful investment in real estate, do not miss this unique opportunity. To communicate and inquire, please call: 0509613975. We are here to help you and provide all the information you need.

Property details

Property Type

Whole Building

Property Size

3,500 sqft / 325 sqm

Bathrooms

Available from

27 Oct 2024