Building for sale in Taibah, Jubail

Investment Opportunity with Existing Returns in Al Jubail
Residential Income-Generating Building – Al Jubail Old Town (Limited Income)

📍 A vital location in high demand for rentals

🔹 Property Details:
• Area: 400 m²
• Age: 17 years
• Freehold title deed (صك حر)
• 5 independent meters

💰 Current annual income: 117,000 SAR
💰 Asking price: 1,400,000 SAR (negotiable)
📈 Approximate annual yield: 8.3%
Can increase by improving lease contracts or repricing rents

🔹 Property Components:
✔ 4 apartments
✔ Annex with a private roof
✔ Practical layouts suitable for renting
✔ Independent meters that simplify management

🔹 Investment Highlights:
• Ready income with no waiting
• Location with continuous rental demand
• Potential to raise the yield in the future
• Suitable for investors seeking stable income and a secure asset in a stable market

📞 Contact:
0552932864

🔹 Advertising licence: 7200876984
🔹 Brokerage contract: 6200823078