Residential Building For Sale in Al Aqrabiyah, Al Khobar

Introduction: This property presents a solid opportunity to acquire a Residential Building in Al Aqrabiyah, a well-connected area of Al Khobar. With a straightforward profile and essential utilities in place, it serves as a practical option for buyers seeking a versatile asset in a prime location.

Property overview:
- Property type: Residential Building
- Location: Al Aqrabiyah, Al Khobar, Saudi Arabia
- City: Al Khobar
- Area: not specified in square meters on listing content (area field shows 0); the property is described as a building rather than a single dwelling, implying a multi-unit structure or potential for redevelopment depending on local zoning and permits
- Bedrooms: Not specified (the listing does not provide bedroom counts; the property is a building rather than a single residential unit)
- Bathrooms: Not specified
- Furnished: No explicit furnishing status indicated in listing
- Price: 2,800,000 SAR
- Purpose: For Sale
- Rental frequency: Not applicable (sale listing)
- Area unit: Square Meter (as referenced in listing but exact total area not disclosed)
- Amenities: Electricity, Water Supply, Sewerage, Fibre Optics
- Additional notes: The listing mentions standard utility provisions; no additional amenities such as elevators, parking, or common areas are listed.

Detailed features and specifications:
- Core infrastructure: The property includes essential utilities necessary for development or occupancy, including electricity and water supply, sewerage systems, and fibre optics connectivity. These utilities support a range of potential uses, from multi-unit residential to mixed-use development, subject to applicable local regulations.
- Location advantages: Al Aqrabiyah is a well-established area in Al Khobar with proximity to local services, schools, workplaces, and transportation routes. This location supports convenient access for residents or tenants and can be leveraged to attract occupants seeking a centralized address within the city.
- Development potential: Given that this is a residential building with unspecified area details, there may be opportunities to repurpose, renovate, or redevelop the site in line with Saudi zoning laws and planning guidelines. Prospective buyers should conduct due diligence to determine permissible uses, floor area ratios, and any required permits or certifications.
- Parking and access: The listing does not specify parking facilities or building access details. Buyers should verify available parking provisions, entry points, and compliance with local building codes.
- Structural condition and interior layout: The listing provides no information on the building’s age, condition, number of units, or internal configuration. A professional property inspection is recommended to assess structural integrity, systems (electrical, plumbing, HVAC), and safety features.
- Financing considerations: Price listed at 2,800,000 SAR; potential buyers may explore financing options with banks or financial institutions. Negotiation terms, payment schedules, and inclusion/exclusion of fixtures or fittings would be established during the sale negotiations.

Amenities overview:
- Electricity supply
- Water supply
- Sewerage system
- Fibre optic connectivity

Investment and action tips:
- Conduct a full due diligence process to confirm total built-up area, number of units (if any), and current occupancy status.
- Verify title deed status, land zoning, and any restrictions or easement rights affecting redevelopment or use.
- Engage a local architect or engineer to assess redevelopment viability, required permits, and estimated development costs.
- Schedule site visits to evaluate access, surrounding infrastructure, and neighborhood dynamics.
- Consider potential rental yield if the property is used as a multi-unit residential building, or explore redevelopment opportunities to maximize asset value.

Closing call to action:
If you’re seeking a strategic property investment in Al Khobar with solid utility infrastructure and location advantages, contact us to arrange a viewing, request more detailed specifications, and discuss potential purchase terms. Our team can provide guidance on due diligence steps and help you navigate the sale process to secure this asset effectively.