Residential building in Al Faisaliyah, Central Jeddah at 3,800,000 - 11 Photos - 87899282 | Bayut KSA

Investment opportunity with more than 8% yield in the heart of Al-Faisaliah - JeddahResidential building currently under finishing with an expected rental income of 360,000 SAR per year, in a vibrant location between King Fahd Road (Al-Sitin) and Prince Mohammed bin Abdulaziz Street (Al-Makaronah). Price: 3,800,000 SARDiscounted by 500,000 SAR for a limited timeInvestment indicatorsExpected annual income: 360,000 SAR at full occupancyExpected yield: around more than 8% annually9 family units for rent in a fully serviced neighborhoodBuilding specifications4 floors and an annex - 9 apartmentsEach apartment has 4 bedrooms with two separate entrancesLand area 380 m² - northern façade - on a 12 m streetBuilding under finishing at 85%Location featuresMinutes from King Fahd Road (Al-Steen) and the Bicycle roundaboutClose to schools, mosques, markets, and shopping centers