We are seeking a serious investor and a successful partner to complete and develop an existing building (a 3-story L-shaped structure) and transform it into a ready-to-rent residential investment project, in a vital and highly sought-after location for medical staff and families. 📊 Property and Project Details: Property Location: Al-Faisal neighborhood in Al-Ja'ranah, near Makkah General Hospital (an area experiencing high demand and a shortage of housing units). Land Area: 506 square meters (with a separate electronic title deed). Current Status: An existing 3-story L-shaped villa, with a remaining yard area of 300 square meters and a ready swimming pool at the edge of the yard, 10 meters long and 2.5 meters wide, serving the tenants. Development Plan: Modifying the plan and completing the construction to make the building consist of 3 floors and an annex (a total of 11 residential apartments). Unit Details: Each apartment consists of (2 bedrooms + living room + kitchen + bathroom). 💰 Estimated Figures and Feasibility Study: Cost of completion, modification, and reconstruction (borne by the investor): Approximately 600,000 Saudi Riyals. Expected Rental Yield: Rent price per apartment: 15,000 Saudi Riyals annually. The swimming pool and facilities serve all tenants and increase the property's attractiveness and speed of rental. Total Expected Annual Income: 165,000 Saudi Riyals annually. Proposed Investment Contract Duration: 15 years. Total Expected Returns during the Investment Period: 2,400,000 Saudi Riyals (negotiable to achieve mutual benefit). ✨ Project Advantages for the Investor: High Demand: The scarcity of housing units in the neighborhood and direct proximity to the hospital guarantee high and continuous occupancy throughout the year. Competitive Advantage: The presence of a swimming pool and service areas enhances the market value of the apartments and facilitates their rental. Supported Asset: The work is being done on a property with an electronic title deed and has been significantly established (3-story structure), saving time and initial costs. For those interested in this opportunity