Building for sale in Al Nuaimiya area, excellent location, residential and commercial permit

Great investment opportunity for sale directly from the owner!

Distinctive residential and commercial building for sale in Al Nuaimiya 1, with a residential commercial permit. The building is located on a land area of 3600 square feet, and contains 8 apartments rented with old contracts that guarantee a fixed income. The apartments are distributed as follows:

- 1 apartment consisting of 3 bedrooms and a hall.
- 2 apartments each consisting of 2 bedrooms and a hall.
- 5 apartments each consisting of 1 bedroom and a hall.

The current annual income is 180,000 dirhams, making it an ideal opportunity for investors looking to obtain a fixed and continuous income. All current rents are low due to the old contracts, allowing you to increase the rent and achieve greater profits in the future.

Asking price: 2 million dirhams final.

Don't miss this great opportunity! For more information and communication, please call 0557650997.

Property details

Property Type

Whole Building

Property Size

3,600 sqft / 334 sqm

Bathrooms

Available from

14 Feb 2025