Good day everyone,
I am presenting an investment opportunity: a studio located in the Al Khaleej district.
The building features external surveillance cameras and a smart lock for the main entrance. The studio is on the ground floor.
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{Note}
This offer is for takeover only, not for rent.
The studio in Al Khaleej district is furnished in a rustic style.
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The studio's annual rent is (16,000 SAR), paid in two installments every six months.
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Currently, the apartment is rented for 2,500 SAR per month, including electricity, paid by the tenant to you every month. There are three months remaining on the contract, totaling 7,500 SAR. You can choose to renew the contract or ask the tenant to vacate. You can then list it on daily rental applications, with an average income of approximately 3,000 SAR, potentially reaching 6,000 SAR.
The location is very distinctive and close to services, very near to:
- Sheikh Jaber Road
- Khurais Road
- Salman Al Farsi Road
- King Abdullah Road
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The required amount for the takeover = 12,000 SAR for the furniture + the remaining three months.
License Number : 50034027
Room
Street Residential
Residence Families
Kitchen Available
Furnished
Yearly Rent