Land for Sale in Jeddah As Safaa

Land for Sale
SAR 6,200,000
Would you like to own the property?
Financing options🏢 exceptional investment opportunity in al-safa district – jeddah an investment land plot in a prime location, combining real estate value with stable rental income, at a price below market value. 📍 location: al-safa district – jeddah 📐 area: 1,800 square meters street frontage: 60 m × depth: 30 m 🧭 orientation: north-facing, on a 15-meter-wide street. 💰 asking price: sar 6,200,000 only. key investment features: 1. existing rental income: the property is currently leased under an annual lease contract of sar 350,000. 2. long-term investment: 10 years remain on the contract, with total future rental revenues of sar 3,500,000, subject to the continuation of the contract and compliance with its terms. 3. clear investment return: the land provides annual rental income equivalent to approximately 5.65% of the requested purchase price. 4. attractive purchase value: the asking price equals approximately sar 3,444 per square meter, a competitive price compared to the targeted market value. 5. real estate asset with operating income: an opportunity to own land in a prime location with an existing tenant and ongoing operational activity. why is this an opportunity for investors? because the buyer acquires a real estate asset of 1,800 square meters in one of the best districts of jeddah, close to all services, with existing annual rental income of sar 350,000, and guaranteed future contractual revenues of up to sar 3.5 million over the remaining ten years of the contract, in addition to the potential to benefit from future growth in land value. a suitable opportunity for investors seeking a real estate asset that generates rental income while retaining the land's value as a long-term investment.
Listing Details
Property Type
Residential
Street direction
North
Street width
15m
Area
1,800m²
Meter price
SAR 3,444.44
Features
Please match the location according to the deed: حي الصفا في مدينة جدة
Advertiser Info
مؤسسة دليل الأصول العقارية
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As Safaa info
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