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Building for Sale in Jeddah Al Fayha'a
§5,980,000
875m²
20m
Residential
🔴 golden investment opportunity: income-generating residential building in a strategic location in jeddah 🔴 📍 location: al-fayha district (a prime location behind the commercial street). a vital point very close to king abdulaziz university and dar al-hekma university, surrounded by a comprehensive network of facilities and services (hospitals, schools, and central markets). 📏 technical property specifications: land area: 875 m² total built-up area: 1,957.7 m² frontage: located on a wide street with a width of 20 meters (west-facing). building condition: very good and fully serviced (property age: 21 years). 🏢 residential unit details (total: 13 apartments): ground floor: 4 apartments (2 apartments consisting of 3 rooms, and 2 apartments consisting of 4 rooms). first floor: 4 apartments (all consisting of 4 rooms). second floor: 4 apartments (all consisting of 4 rooms). upper annex: 1 apartment (consisting of 4 rooms). additional facilities: a separate rooftop room. 💵 financial overview: current annual income: 333,000 sar (developable income) (building is fully rented). asking price: 6,100,000 sar (reasonably negotiable). 📈 this property is suitable for: 🟢 investors (for added value): high potential to develop and upgrade the building's 13 units to increase the current annual income and multiply the return on investment. 🟢 student housing and medical staff investors: very high and continuous rental demand throughout the year, due to its direct proximity to surrounding universities and hospitals. 🟢 real estate developers: a spacious land area (875 m²) with a strategic advantage behind the commercial street. 🟢 family portfolio and endowment owners: a solid real estate asset generating immediate income in a fully infrastructure-developed, vibrant district. 🟢 investment funds and real estate companies: an operational ready-to-use asset connecting jeddah's most important main roads, providing immediate returns.
Al Fayha'a, Jeddah

Building for Sale in Ahad Rufaidah Al Rownah
§4,100,000
1,044m²
20m
Residential
🔴 golden investment opportunity: residential-commercial building 🔴 📍 location: khamis mushait city, east al-nu'man district (corner location). very close to king fahd armed forces hospital and king khalid air base, ensuring continuous rental demand throughout the year. 📏 technical specifications: • land area: 1,044 m² • total built-up area: 2,604.3 m² • frontage: located on two streets; a main commercial street of 30m (east) and a secondary street of 20m (north) • age: 12 years | building is serviced with a functional elevator 🏢 unit details (18 apartments + 5 shops + telecom tower): • 14 apartments (3 bedrooms, living room, kitchen, 2 bathrooms) • 4 apartments (2 bedrooms, living room, kitchen, 1 bathroom) • shops: 5 fully rented shops with active businesses • 🌟 exceptional feature: apartments rented under a unified electronic contract to a "closed joint-stock company" (staff accommodation), ensuring financial stability and high security for the owner • (currently 12 apartments are rented, and 6 apartments are vacant, defect-free, and ready) 💵 financial overview (strong & stable income): • asking price: sar 4,600,000 • current actual income: sar 357,000 per year (breakdown: sar 229,200 from apartment rentals + sar 97,800 from shop rentals + sar 30,000 from rooftop telecom tower rental) • expected annual income: sar 440,000 (total figure if the 6 vacant apartments are rented) 📈 this property is suitable for: 🟢 investors: an operational asset with stable income and documented corporate contracts, with an immediate opportunity to increase returns 🟢 endowments and family portfolios: diversified returns (commercial, residential, towers) in a prime location that is easy to rent out
Al Rownah, Ahad Rufaidah

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