Building for Sale in Medina Ash Shuraybat




§8,500,000 § 6,400,000 Discount 25%
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Financing options🌟 rare investment and development opportunity in madinah two adjacent buildings under one electronic deed | with a valid hotel permit (9 floors) 📍 location: madinah – al-hizam (al-awali municipality jurisdiction) – near quba avenue, king abdulaziz road, and a short distance from the prophet's holy mosque. 📐 land and location details: * total area: 1,158.71 m² * plot plan number: 355 / t / 26 * plot number: 2-66 * frontages and streets (open and prominent location): * north: street with a length of 25.3 m (2 m projection) * south: corridor 10 m wide, 25 m long (2 m projection) * east: street with a length of 45.7 m (2 m projection) * west: main street 20 m wide, 47 m long (3 m projection) 🏗️ approved hotel permit details (currently valid): * project components: hotel consisting of (basement + ground floor + 7 repeated floors), totaling 9 floors * total built-up area: 7,091.26 m² * building ratio: 56.95% * number of hotel units: 91 hotel units equipped for seasonal and daily rental * parking: full basement dedicated to parking with an area of 1,158.71 m² 💼 feasibility and financial indicators: * current rental income: sar 200,000 annually (an active operational return covering expenses until development work begins) * added value: saves time, effort, and costs associated with obtaining a 9-floor hotel permit with 91 units and regulated parking in a strategic location * total asking price: sar 6,400,000 (negotiable for serious buyers) 📍 property location on map: geographic location link 📞 for inquiries, viewing requests, or official details: * real estate marketer: ahmed al-harbi * mobile number: 0542200908
Listing Details
Property Type
Residential
Street direction
West
Street width
20m
Apartments
17
Age
More than 10 years
Rooms
40
Area
1,158m²
Features
Advertiser Info
احمد بن صالح بن رجاء العوفي
4 Review
Ash Shuraybat info
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