directly from the owner
for rent: a hotel building consisting of (10) serviced, furnished apartments. it holds valid permits from the tourism authority, the municipality, and civil defense, with all requirements met and 100% compliant. it currently operates in the hospitality sector, and the licenses can be fully transferred directly.
the building is renovated and compliant with the tourism authority's conditions and requirements, and all documents are in order.
the location is strategic, on two commercial streets, 30 and 36, 200 meters from dammam road and less than 20 minutes from the airport, surrounded by commercial centers and shops.
fully furnished, with furniture, kitchenware, bedrooms, tvs, telephones, surveillance systems, alarm and fire-fighting systems, and more.
- 2 apartments with two bedrooms, a living room, and a bathroom
- 8 apartments with one bedroom, a living room, and a bathroom
- a reception room with a bathroom
- 1 storage room
- a bedroom with a bathroom on the roof
the building is listed on daily-booking platforms (jazer inn, booking, and airbnb) and is ready and 100% operational with no issues.
reason for leasing: lack of time to manage it.
rent requested: 380,000 if paid in one payment, or 400,000 in two payments. subdivision and modification of the building are not permitted.
the building has development potential.