Rest House for Sale in Medina As Sikkah Al Hadid

🚩for sale | rest house in al-aziziyah district (t8) – madinah location: madinah – al-aziziyah district – t8 📐 property details: • property type: rest house (chalet). • land area: 625 m². • land dimensions: 25 m × 25 m. • frontage: south-facing, on a 20 m wide street. • built-up area: 93 m². • property age: 9 years. • property condition: good. • rental status: leased under an official escalating contract. 💰 price and investment details: • asking price: 890,000 sar. • current annual rent: 35,000 sar. • annual rent over the last 5 years: 40,000 sar. • payment method: two semi-annual payments. • current payment amount: 17,500 sar. • remaining contract term: 9 years. 📈 why is this rest house an investment opportunity? ✔︎ a real estate asset in an area with promising growth, generating income today and keeping pace with opportunities for future value appreciation. ✔︎ existing rental income under an official contract. ✔︎ escalating lease contract with rental value increasing in the future. ✔︎ land area of 625 m². ✔︎ south-facing frontage on a 20 m wide street. ✔︎ suitable for long-term real estate investment. 💰 asking price: 890,000 sar real estate advertisement license: 7100348614 for inquiries and to schedule a viewing, we would be happy to hear from you