Villa for sale in Ar Rimal, Riyadh

🏡 Residential and Investment Opportunity – Villa for Sale in Al Rimal District, Riyadh
Villa in Al Rimal District – Al Khoneini Plan | Prime Location Near Prince Mohammed bin Salman Road
An opportunity to own a multi-storey villa combining family living with real estate investment, with existing rental income and the possibility of transferring the mortgage to the buyer subject to the procedures of the financing institution.
💰 Price and Sale Terms
Net amount to the owner
2,357,500 SAR
Outstanding mortgage balance
286,000 SAR
Monthly mortgage instalment
1,667 SAR
Approximate total base amount
2,643,500 SAR
The total includes the owner's net amount and the mentioned mortgage balance, and does not include the brokerage commission or real estate transfer costs. Transfer of the mortgage is subject to the financing institution's approval and verification of the final balance.
🏠 Property Specifications
Location: Riyadh – Al Rimal District – Al Khoneini Plan.
Land area: 375 m².
Facing: East.
Street width: 20 metres.
Property age: approximately 13 years.
Location: Near Prince Mohammed bin Salman Road.
Floor Details
Ground Floor
Majlis, mqalat (entrance/reception area), and living room.
3 bedrooms.
3 bathrooms.
Kitchen.
External annex with a bathroom.
First Floor
Majlis, mqalat (entrance/reception area), and living room.
3 bedrooms.
3 bathrooms.
Kitchen.
Roof Apartment
Majlis.
2 bedrooms.
Kitchen.
2 bathrooms.
📈 Existing Rental Income
The first floor and the roof apartment currently generate rental income of 57,000 SAR per year, providing an existing return for a buyer interested in investment, with the option to use the ground floor for family living, subject to occupancy and existing lease contracts.
Rental income indicator
57,000 SAR per year
Equivalent monthly average
4,750 SAR
The stated income is gross, before deducting expenses, maintenance and any operating obligations.
⭐ Offer Highlights
Net amount to the owner of 2,357,500 SAR.
Possibility of transferring the existing mortgage to the buyer subject to the financier's approval.
Monthly mortgage instalment of 1,667 SAR.
Existing rental income from the first floor and the roof apartment.
Three levels offering flexibility for living and investment.
The buyer bears the fees due on the property transfer as agreed and under applicable regulations, if any.