*A distinct real estate offer in Ajyad, Makkah Al-Mukarramah*
*Project:* Ajyad Towers 🏢🏢🏢
*Location:* Less than one kilometer from the Holy Haram Mosque 📍
*Project Specifications:*
- Land Area: 3000 square meters
- Building Area: 60,000 square meters
- Number of Towers: 3 towers
- Number of Floors: 10 common floors + 19 repeating hotel floors
- Number of Rooms: 878 rooms, distributed as follows:
- South Tower: 194 rooms + 20 suites (40 additional rooms)
- Main Tower: 390 rooms
- North Tower: 254 rooms
*Finishes:*
- 4-star hotel finishes
- Luxurious bathrooms
- Corridors with wooden decorations and professional architectural lighting
*Facilities:*
- Parking: 134 parking spaces
- Outdoor area accommodating four Hajj buses
- Elevators: 15 elevators from Toshiba
- Air Conditioning: Carrier concealed for the entire hotel complex
*Operational Offer:*
- Several operational offers have been presented, including an offer from the operator of the Clock Towers with an expected return of approximately 40 million SAR.
- The hotel has been leased to a local company for 5 years, starting from 25 million SAR in the first year and reaching 30 million SAR in the fifth year.
*Additional Benefit for the Buyer:*
- The buyer can cancel the lease contract at the end of each year and lease the hotel with a new contract, allowing the buyer the opportunity to renegotiate the lease terms and increase the investment return.
*Real Estate Valuation:*
- Project Value: To be estimated based on the offer
- Estimated Income Percentage: 6% to 7% of the project value
*Distinct Investment Opportunity:*
- Number of Rooms: 878 rooms
- Income Percentage: 6% to 7%
- Profitable investment return for those seeking a successful hotel project in a distinctive strategic location.
- https://goo.gl/maps/MAZEQANvqKYdUfxS6