We are looking for a serious investor and a successful partner to complete and develop an existing building (a 3-story L-shaped structure) and transform it into a residential investment project ready for rent, in a vital and highly sought-after location for medical staff and families. 📊 Property and Project Details: Property Location: Al-Faisal neighborhood in Al-Ja'ranah, near Makkah General Hospital (an area experiencing high demand and a shortage of housing units). Land Area: 506 square meters (with an independent electronic title deed). Current Status: An existing villa consisting of 3 floors (L-shaped design), with a remaining yard area of 300 square meters and a ready-made swimming pool at the edge of the yard, 10 meters long and 2.5 meters wide, serving the tenants. Development Plan: Modify the plan and complete the construction to make the building consist of 3 floors and a penthouse (a total of 11 residential apartments). Unit Details: Each apartment consists of (2 bedrooms + living room + kitchen + bathroom). 💰 Estimated Figures and Feasibility Study: Cost of completion, modification, and reconstruction (borne by the investor): Approximately 600,000 Saudi Riyals. Expected Rental Yield: Price per apartment rental: 15,000 Saudi Riyals annually. The swimming pool and facilities serve all tenants and increase the property's attractiveness and speed of rental. Total expected annual income: 165,000 Saudi Riyals annually. Proposed investment contract duration: 15 years. Total expected returns during the investment period: 2,400,000 Saudi Riyals (negotiable and subject to agreement to benefit both parties). ✨ Project Advantages for the Investor: High Demand: The scarcity of housing units in the neighborhood and the direct proximity to the hospital guarantee high and continuous occupancy throughout the year. Competitive Advantage: The presence of a swimming pool and service areas enhances the market value of the apartments and facilitates their rental. Supported Asset: The work is being done on a property with an electronic title deed and has been significantly established (3-story structure), saving time and initial costs. For those interested in this opportunity