Building for Sale in Medina Ar Rawabi

**property listing for sale – offer no.: s-0210** a distinctive opportunity to own a residential building in a prime location in al-rawabi district, on a parking spot, with excellent specifications and spacious areas. **property details:** - **land area:** 800 m² - **built-up areas:** - ground floor: 414 m² - first floor: 430 m² - annex: 215 m² (unbuilt) - services area: 26 m² - **total built-up area: 1,085 m²** --- **property components:** - ground floor: 2 apartments - first floor: 2 apartments all apartments are currently rented. each apartment consists of 4 to 5 rooms with spacious areas and a comfortable design that meets family needs — large living rooms, spacious bedrooms, and practical kitchens. --- **income:** - current income: above 80,000 sar annually - can be increased to approximately 100,000 sar annually after minor maintenance - option to fully vacate the property within one month (at the buyer's request) --- **additional features:** - two independent entrances: - a shared entrance for all apartments - a separate independent entrance for one of the ground floor apartments (suitable as a private residence with an independent courtyard) - elevator foundation is in place but not yet installed - property age: 10 years --- **price:** - **selling price: 1,500,000** - final price **investment return:** - current return: above 5% annually *note: exterior facades have been fully repainted since the displayed photos were taken.* --- **legal status:** - the property is mortgaged with a commercial bank - mortgage will be released within 48 hours