Building for Sale in Jeddah As Salamah

for sale: old residential building (demolition-ready) currently rented – excellent investment opportunity in al-salamah district, jeddah prime strategic location: between the east of al-yamama walkway (one of jeddah's most beautiful walkways, ideal for families, sports, and recreation) and north of sari street (vibrant location, close to services, restaurants, cafes, schools, and main roads such as al-madinah road and prince sultan road) property details: • land area: 500 square meters • building: 3 floors + annex (demolition-ready – suitable for demolition and new construction or modern development) • condition: old building currently rented with good returns of 240,000 annually, with potential for increase • current bid reached: 3.5 million riyals • asking price: 4 million riyals opportunity features: • exceptional location near the famous al-yamama walkway (significantly increases land value after development) • building is rented → immediate returns until reconstruction • very suitable for investors or developers to build a modern building • al-salamah is one of the most upscale neighborhoods in north jeddah, high demand for properties there, and this land price is reasonable compared to the current market golden opportunity to invest in a strategic location in jeddah – attractive price for 500 m² land in a sought-after area! direct contact with licensed agent for inquiries, viewing, or additional details: contact maalam al-jubail real estate office whatsapp contact if no answer to phone calls