two-floor villa with a flexible design
a villa with a unique feature: you can use it connected as a single residential unit, or fully independent as two separate units, each floor with its own privacy, entrance, and electricity meter.
the flexibility fits your needs (family residence / rent out one floor while living in the other / a full investment by renting out both).
location: al-kharj – mushrifah (al-danah) district, close to the girls' colleges, prince sattam university, and al-habib hospital.
area: 400 m² | facing: east | street width: 15 m | brand new, never occupied.
ground floor: courtyard and car entrance, outdoor majlis + bathroom, indoor majlis + family sitting area + bathroom and washbasins, side living room, kitchen + storage room + light well, master bedroom, two bedrooms + two bathrooms, two independent entrances (men/women), private electricity meter.
first floor: independent external entrance, majlis + family sitting area + bathroom, kitchen, side living room, 3 bedrooms + two bathrooms, upper annex (two bedrooms + bathroom + laundry room), roof, private electricity meter.
the water tank is shared.
warranties: plumbing is warrantied by al-muna company; electrical work includes wires, switches, sockets, and a al-fanar distribution panel with riyadh cables cabling; paint is from al-jazeera paints; tiles, porcelain, and ceramics are local.
price: minimum 950,000 (negotiable) – excluding tax and brokerage fee.
there is a mortgage in favor of alinma bank (to be settled upon completion of the sale, with no addition to the sale price).
investment opportunity:
based on previous negotiations with potential tenants, the rental yield for both floors combined is estimated at around sar 70,000 per year — an estimated investment return of ~7% (not actually rented out; the figure is an estimate and may change depending on the market).
the owner can arrange the rental of both floors.