Jeddah · Al-Fanar
Investment villa with four rented apartments in Al-Fanar
For sale
Specifications and details
Investment villa for sale in Jeddah, Al-Fanar district, with four rented apartments and existing annual rental income of 71,500 SAR, as stated in the listing.
Areas and frontage
- Land area: 300 m².
- Built-up area: 540 m².
- North-facing on a street 16 metres wide.
Ground floor
- Apartment with two rooms, living area, kitchen and bathroom; annual rent: 20,000 SAR.
- Apartment with one room, kitchen and bathroom; annual rent: 11,500 SAR.
First floor
Apartment with three rooms, living area, three bathrooms and kitchen; annual rent: 24,000 SAR.
Second floor
Apartment with one room, living area, kitchen and bathroom; annual rent: 16,000 SAR.
Occupancy and income
- All apartments are rented; the guard’s room is not rented.
- Total existing annual rental income: 71,500 SAR.
Price and mortgage
- Asking price: 1,100,000 SAR, including the mortgage.
- The property has an existing mortgage of 485,000 SAR with Saudi National Bank. This amount is included in the asking price and is not added to it. Contact us for details of the settlement procedure.
Viewings
An appointment can be arranged to visit and inspect the property. Contact us with enquiries or to arrange a viewing.
Property details are automatically translated from Arabic. Read the original or contact us to confirm any detail.
Property features
- Four apartments with existing rental income
- Annual income of 71,500 SAR, as stated in the listing
- Land area of 300 m² and built-up area of 540 m²
- North-facing on a 16-metre-wide street
- Guard’s room
- Viewings can be arranged
Property location
Jeddah · Al-Fanar
Contact us for location details and to arrange a viewing.
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