Bride of the Red Sea | JEDDAE🌊 Hotel for sale, cash or installments | Jeddah | Al Bassa'tin district on Madinah Road Area: 720m - East facing Details 🚘 Basement parking and front parking ⬇ Ground Floor: Main reception 🍽 Restaurant Cafe Commercial store rented for 50,000 annually Mezzanine Floor: Management office Services Club Games Steam room 5 floors and 45 suites Annex Swimming pool Sessions overlooking the airport Laundry Suite Details 43 suites: 1 bedroom, 1 living room, 1 service area, 1 bathroom Connected (can be merged) 1 suite: 2 bedrooms, 1 living room 1 bedroom, 1 bathroom Fully furnished All safety alarm systems and devices are available Surveillance cameras Elevators and emergency stairs Age: seven years Electronic deed, organizational sketch, and building permit Civil Defense permits and Tourism license - all official permits are valid Currently self-operated by the owner Annual income rate exceeds 10% Total income for 2025 detailed: 2,800,000, confirmed by report The buyer has the right to cancel the deal if the income is not correct Installment price: 25,000,000 in two installments, including price, tax, commission, and lawyer fees First payment: 15 million upon contract notarization, and the final payment: 10 million after two years Conditions: Handover occurs after full payment Deal notarization by a lawyer Guarantees: a letter of guarantee from Najiz for the remaining amount The hotel will be handed over to the buyer without assets and without an investment agency The property and documents will be held by the lawyer Until the deal is completed and the remaining amount is paid for handover Cash sale price: 20,000,000 including price, tax, and immediate handover Installment sale price: 25,000,000 in two installments: first payment 15 million upon contract notarization, and second payment 10 million after two years Please do not contact unless you have a serious and ready buyer Thank you🌸