Building for Sale in Jeddah As Salamah

for sale: old residential building (demolition candidate) currently rented – excellent investment opportunity in al-salamah neighborhood, jeddah strategic premium location: between east of al-yamama walkway (one of the most beautiful walkways in jeddah, ideal for families, sports, and recreation) and north of sari street (vital location, close to services, restaurants, cafes, schools, and main roads such as al-madinah road and prince sultan road) property details: • land area: 500 square meters • building: 3 floors + annex (demolition candidate – suitable for demolition and new construction or modern development) • condition: old building currently rented with good returns of 240,000 annually, subject to increase - current offer reached: 3.5 million riyals • asking price: 3.8 million riyals opportunity advantages: • very distinctive location near the famous al-yamama walkway (significantly increases land value after development) • building is rented → immediate returns until reconstruction • very suitable for investors or developers to build a modern building • al-salamah neighborhood is one of the finest neighborhoods in north jeddah, high demand for properties there, and this land price is reasonable compared to the current market golden investment opportunity in a strategic location in jeddah – attractive price for 500 m² land in a sought-after area! direct with licensed agent for inquiries, viewing, or additional details: contact maalam al-jubail real estate office contact via whatsapp if no answer to call