Apartment for Sale in Riyadh Al Malqa

an investment opportunity with an existing and proven return, suitable for investors seeking immediate income. * currently rented for a monthly rental income of: sar 14,500. * expected annual income: sar 174,000. * expected annual roi: approximately 9.94% (based on the current rental value). * an active lease agreement is in place confirming the current rental value. * the apartment was rented just 4 days ago, and the current tenant wishes to renew the contract. * managed and leased through a company specialized in the management and operation of residential units. **apartment features** * brand new, with the current tenant being its first occupant. * furnished and renovated at a cost exceeding sar 300,000. * use of natural marble and premium natural wood at the highest quality standards. * most furnishing and finishing invoices are available to verify costs. **project features** * an upscale residential complex featuring swimming pools, a gym, gardens, and residents' lounges. * private balcony. * two private parking spaces in the basement. a ready investment unit generating income from day one after ownership transfer.