Building for Sale in Jeddah Jeddah

investment building in al-tayseer district, jeddah – for sale - location: - the building is located on two streets, each 16 meters wide (north-east facing). - situated in al-tayseer plan, a vibrant area close to services. - land area: - 640 square meters. - number of floors: - 6 floors. - total number of apartments: - 18 apartments. - each floor contains 4 apartments. - the fifth floor contains a roof apartment with an independent private rooftop. - the sixth floor contains an independent apartment with five bedrooms, 4 bathrooms, a kitchen, a sitting room, and a living room. - apartment specifications: - each apartment contains 3 bedrooms, a living room, a kitchen, and 2 bathrooms. - rental status: - all apartments are rented, with one apartment currently being leased. - a zain telecommunications tower is leased with an annual advance payment, representing an excellent additional source of income. - infrastructure: - each apartment is equipped with an independent electricity meter, except for one apartment connected to the services meter. - property age: - since 2014. - asking price: - 5,500,000 sar. property features: • prime location: - the property is located on two streets, facilitating access and providing a distinctive frontage. - close to vital facilities such as schools, hospitals, and markets. • good infrastructure: - independent electricity meters for each apartment enhance residents' autonomy. - the leased zain tower represents a stable additional source of income. • good design: - apartment design suitable for small and medium-sized families. - field tours can be arranged during weekdays. • annual income: - income: 431,500 sar. (this property is available for long-term investment with an annual rent paid in a single installment.) this property represents an excellent investment opportunity due to its prime location and the stable income generated from apartment rentals and the zain tower.