Compound for sale in Al-qirawan district, north of Riyadh
Advertiser Designation: Agent
Compound for sale in Al-qirawan district, north of Riyadh
89 villas, 12 large villas - 36 medium villas - 41 small villas
Land area: 29 thousand and 800 thousand SAR
Building area: 29 thousand SAR
Annual income: 13 million and 600 thousand SAR
The annual maintenance and operation cost is 1 million and 100 thousand SAR
the final income: 12 million and 500 thousand SAR
Completion year: 2019
In the field of raising income by renting some places in the recreational building 3200 m2 unrented
Two large villas are licensed and the foundation has been made for them and the floors have not been raised
The income can be increased by 500 thousand SAR after their completion
The cost of completion: 700 thousand SARfor the two villas
Main Tenants:
The facility for the distribution of tenants between diplomats and companies
All contracts are annual, except for a company that took 18 villas for a period of 3 years ending 9/2023 and all contracts are nearing expiry. The tenants expressed their sponsorship of renewal.
The occupancy rate is still 100% and there is a waiting schedule
Compound for sale in Al-qirawan district, north of Riyadh
89 villas, 12 large villas - 36 medium villas - 41 small villas
Land area: 29 thousand and 800 thousand SAR
Building area: 29 thousand SAR
Annual income: 13 million and 600 thousand SAR
The annual maintenance and operation cost is 1 million and 100 thousand SAR
the final income: 12 million and 500 thousand SAR
Completion year: 2019
In the field of raising income by renting some places in the recreational building 3200 m2 unrented
Two large villas are licensed and the foundation has been made for them and the floors have not been raised
The income can be increased by 500 thousand SAR after their completion
The cost of completion: 700 thousand SARfor the two villas
Main Tenants:
The facility for the distribution of tenants between diplomats and companies
All contracts are annual, except for a company that took 18 villas for a period of 3 years ending 9/2023 and all contracts are nearing expiry. The tenants expressed their sponsorship of renewal.
The occupancy rate is still 100% and there is a waiting schedule
Property Information
- TypeVilla
- PurposeFor Sale
- Bayut IDBayut - 87491342
- CompletionReady
- Added on28 February 2023
Features / Amenities
Lawn or Garden
Private garage
Valet Service
REGA Verified Information
Loan Calculator
Location & Nearby
The location is fetched and verified by REGALocation Description as per Deed:N/A
Location
Schools
Restaurants
Hospitals
Parks
This property is no longer available
Sakn Al Maali Real Estate
Agent:مصطفى