Building for Sale in Al Khobar Al Thoukbah

• new building for sale, built to code, with licensed apartments that comply with the saudi building code. ▪︎ location: eastern province, khobar city, north thuqbah district, jeddah street, fourth intersection. • facing: east area: full plot of 325 m² • details are as follows: 14 apartments, each with two bedrooms, a living room, and an installed kitchen. ▪︎ 3 to 4 air conditioners per apartment. some apartments have two entrances with openings in the living room, which can be used as furnished apartments. ▪︎ ground floor parking: each apartment has its own private parking spot. 15 electricity meters, one private electricity meter for each apartment, plus a separate meter for common services. ▪︎ surveillance cameras installed. ▪︎ all apartment doors are wpc. smart entry for the building. • split air conditioners provided by the owner: 52 units. ▪︎ prime location: close to venecia mall and al rashid commercial complex, dhahran main street, and king khalid street (the highway). ▪︎ only one minute from dhahran road. ▪︎ fully compliant; all warranties and documents available in pdf. ▪︎ zoning: residential-commercial. cooperative insurance (al taawuniya) warranty: 10 gregorian years. ▪︎ the building is leased for 5 years. annual rent: sar 350,000. payment terms: every three months, sar 87,500. water and electricity bills are paid by the tenant. ▪︎ asking price: sar 3,800,000, with the received rent amount of sar 87,500 to be deducted. ▪︎ net to the owner: sar 3,712,500.