Complex for sale in Al Khobar Al Yarmouk





ยง33,000,000
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Financing options๐๏ธ rare investment opportunity | "al-fares" residential complex ๐ steps away from the blue waters of the gulf.. where luxury meets sustainable investment returns. we present to you an integrated residential complex in a strategic location in the corniche neighborhood - khobar, one of the most prestigious residential and tourist destinations in the eastern province. ๐ location and area details: location: corniche neighborhood, khobar (only 200 meters from the beach). total land area: 7,727 square meters, dimensions 60m*129m with a corner cut. total rentable area: approximately 6,618 square meters. ๐ complex components: the complex includes 15 luxury villas, with an average area of 413 mยฒ per villa, designed to ensure privacy and comfort, in addition to: ๐ green spaces and children's playground. ๐ swimming pool and equipped gym. ๐ a service building dedicated to events. ๐ private rooms for drivers to serve complex residents. ๐ฐ investment figures: current income: approximately 1.8 million riyals annually. growth potential: there is vacant space (land) of approximately 800 square meters within the complex, ready for construction to increase the number of units and raise annual returns immediately. ๐ future prospects (development opportunities): this property doesn't limit you to the current situation, but gives you strategic options: residential development: building additional units in the vacant space. rehabilitation: updating the complex to raise rental value in line with the real estate boom in khobar. elite option: demolishing the complex and utilizing the vast space to build a royal palace in an unrepeatable location near the corniche.
Listing Details
Street direction
4 Streets
Property Type
Residential
Street width
60m
Age
More than 10 years
Area
7,727mยฒ
Features
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