Building for Sale in Mecca Ash Shuhada

§15,000,000
Would you like to own the property?
Financing options**for sale – investment opportunity** a rented building with a commercial courtyard located within the boundaries of the haram in makkah al-mukarramah. **total area:** approximately 1,300 sqm, with architectural plans for hotel construction. **price per meter:** 10,000 sar **building details:** the building is currently rented under an old lease contract — apartments only, excluding the commercial shops and the back courtyard (the courtyard was previously used as a car repair workshop). the current rental income is approximately 400,000 sar per year. the expected rental income including the shops and workshop should be 1,300,000 sar per year. as i am based in riyadh and unable to manage the property, i wish to sell it. the building is rented under an old contract, and this is the final year of the lease. the tenant has stated that once the sale is completed, he will vacate the building — may god reward him with goodness. **asking price for land + property:** 15 million sar – negotiable. **location:** on the road leading to al-tan'im mosque (masjid umm al-mu'mineen aisha, may god be pleased with her) – the umrah mosque – within the boundaries of the haram.
Listing Details
Street direction
West
Street width
40m
Apartments
None
Age
More than 10 years
Rooms
70
Area
1,271m²
Features
Advertiser Info
شركة ابداع العالمية للتطوير والاستثمار العقاري
3 Review
Ash Shuhada info
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