🔥 Distinct investment opportunity, hotel for sale in the central area of Madinah 🔥 First row on the Haram courtyard.
📍 Strategic location in the heart of the central area, one of the highest hotel demands to serve pilgrims and visitors, with a strong and growing return.
💰 Asking price: 550 million Saudi Riyals
🚫 Excluding tax and broker fee
🏨 Hotel Details:
✔ Built on two land plots
✔ Area: Approximately 1,100 m2
✔ Number of rooms: 250 rooms
✔ Number of floors: 14 floors (ground floor reception)
✔ 10 repeating floors dedicated to pilgrim accommodation
✔ Capacity: 1,063 pilgrims (according to permit)
✔ Number of elevators: 8 Mitsubishi elevators
✔ 10 commercial shops
✔ The roof includes a helipad
💼 Investment Status:
✔ Currently leased for 23 million annually
✔ Potential to increase to 35 million annually with the start of the Hijri year
✔ The offer received was 520 million   – the owner is holding firm on the current price
📌 Important Notes:
🔹 Viewing is available with an official letter from the buyer
🔹 Suitable opportunity for serious investors only
📞 For contact and WhatsApp
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