A building is required for investment (full rent) in Jeddah
• Number of apartments: 8 to 10 apartments.
• Annual rent value: 300,000 to a maximum of 350,000 riyals.
• It is preferable for the building to be new or recently constructed.
• It is preferable for all apartments to be ready for rent.
• Independent electricity meters for each apartment.
• Elevator available.
• Parking available.
• Desirable neighborhood and close to services.
• Preferably no current tenants or the possibility of receiving it in full.
• No violations or regulatory issues with the property.
• 5 to 7 year contract, renewable
Preferred neighborhoods: (e.g., Al-Safa, Al-Marwah, Al-Rehab, Al-Salama, Al-Zahra, Al-Rabwah, Al-Nuzha, Al-Faisaliyah, Al-Aziziyah