Residential Building For Sale in Al Mahdiyah, Riyadh

Introducing a prime residential building opportunity in Al Mahdiyah, Riyadh. This listing presents a solid asset with essential utility services and a strategic location within the city. It is suitable for investors seeking a development or for owner-occupiers looking for a substantial property in a vibrant area. The property is being offered for sale at a competitive price point, presenting a strong value proposition in a growing neighborhood. Key features are focused on core infrastructure and the potential for flexible utilization within a residential building framework.

- Property type: Residential Building.
- City: Riyadh.
- Location: Al Mahdiyah.
- Status: For Sale.
- Price: 7,400,000 SAR.
- Area: Not specified in the listing data; the unit provided is Square Meter, suggesting the site is measured in square meters though the total area is not disclosed.
- Furnishings: Unfurnished.
- Bedrooms: Not specified (not applicable to this property type in the provided data). For residential buildings, the listing does not provide a bedroom count.
- Bathrooms: 0 noted in the data, which may refer to the number of bathrooms currently listed or a placeholder; buyers should verify the actual layout and bathroom count during inspection.
- Amenities: Electricity, Water Supply, Sewerage.
- Additional notes: The listing emphasizes core utilities, indicating readiness for occupancy or development depending on the buyer’s plans. Prospective buyers are advised to conduct due diligence to confirm zoning, permissible uses, and any regulatory requirements related to Al Mahdiyah.

Location advantages and potential opportunities: Al Mahdiyah in Riyadh is known for its accessibility to main roads, educational institutions, services, and residential communities. The property’s location within this district may offer favorable connectivity to central Riyadh and other key areas, which can be appealing for redevelopment, multi-unit residential planning, or long-term investment. Interested buyers should arrange a site visit to better understand plot dimensions, configuration, and integration with neighboring properties.

Why choose this listing: This property provides a foundation for investment in a growing neighborhood with essential infrastructure already in place. The price point allows for strategic planning, whether for redevelopment, conversion into a multi-family residential project, or maintaining as a long-term asset in a developing area.

Next steps: Contact the listing agent to schedule a viewing, request available documents (deed, title status, any existing encumbrances), and obtain a detailed breakdown of area measurements and permitted uses. A professional assessment is recommended to determine optimal development potential and expected returns.

Note: All information should be verified with the seller or broker at the time of inquiry to ensure accuracy and currency.