vegetable and fruit shop for transfer (lease takeover) property rent: 65,000

building for rent - residential/commercial, located on two streets: front street: 52 meters back street: 16 meters - 11 apartments, each consisting of 2 bedrooms, a living room, 2 bathrooms, and a kitchen - 4 apartments, each consisting of 1 bedroom, a living room, 1 bathroom, and a kitchen - total number of apartments: 15 units available for investment as a hotel, furnished apartments (monthly or annual rental), or administrative offices.

**basic property details:** - **location:** al-falah district, jeddah - **area:** 312.50 m² - **age:** 7 years - **street & frontage:** 12-meter street, excellent east-facing frontage - **structural design:** fully prepared for elevator installation (elevator shaft is ready) --- **unit distribution & current income:** 1. **ground floor:** 4 bedrooms + 3 bathrooms + living room + kitchen *(owner-occupied; requires minor cosmetic maintenance — painting and ceramic — already deducted from the price for the buyer to handle after vacancy)* 2. **first floor:** 5 bedrooms + 4 bathrooms + rear balcony + living room + kitchen *(leased under a notarized contract at 20,000 sar/year — below market rate)* 3. **annex:** 2 bedrooms + storage room + large living room + kitchen + bathroom + private rooftop *(leased at 10,000 sar/year — below market rate)* --- **operational features:** - **electricity:** two official meters with capacities of 50a and 70a (the maximum allowed by regulation for this area), with a precise internal german sub-meter network to accurately track each apartment's consumption and prevent disputes with tenants. - **water:** an independent official water meter connected from the national water company. the villa's plumbing is entirely sound *(total water consumption across all 3 units does not exceed 85 sar/month, confirming the property is free of any hidden leaks in tanks or walls).* --- **clear financial terms (to avoid any ambiguity):** - **asking price:** 1,470,000 sar *(net to the owner)* - **tax:** the buyer bears the full real estate transaction tax (5%) - **commission (very important):** - if purchasing directly from the owner: 0% commission - if the buyer comes through a real estate office or broker: the buyer alone pays the full agency commission of 2.5% — the owner pays no commission whatsoever - **nature of sale:** cash sale or immediate debt transfer for exit *(the property is mortgaged with alinma bank)*

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