🏨 Exceptional Investment Opportunity | Licensed Hotel for Sale in Medina
✨ A rare opportunity for investors and businessmen in the hospitality sector; a profitable and fully leased real estate asset with excellent returns and promising investment growth.
📌 Property Data and Specifications:
* Trade Name: Issa Karim Hotel
* Location: Medina – Qurban District (Osama bin Ammar Street) – a vibrant location near the central area and Quba Mosque.
* Total Area: 337 m2
* Number of Floors: 5 floors
* Number of Rooms: 39 hotel rooms
Classification: 165 pilgrims
📄 Completed Official Licenses and Permits:
* Ministry of Tourism License (Tourist Hospitality Facility): 10012226
* Civil Defense License (Salama Gate): 47-1268-2-100
* Commercial Registration / Establishment Number: 7043169684
💰 Investment Indicators and Returns:
* Current Rent: 650,000 SAR annually (binding contract with two years remaining).
* Future Rental Value: A ready investor for operation and new lease at 1,100,000 SAR annually (a direct qualitative leap in returns upon expiry of the current contract).
* Asking Price: 13,000,000 SAR (negotiable for serious buyers).
🌟 Key Investment Advantages:
* Immediate and Guaranteed Operating Income: Direct cash flow without downtime.
* Full Operational and Regulatory Readiness: Valid and complete tourism and civil defense licenses.
* Prime Geographical Location: Active hotel attraction area in Qurban district serving visitors to the Prophet's Mosque and Quba Mosque.
* Investment Return Growth: A clear opportunity to increase returns to 1.1 million SAR annually.
📍 Property Location on Map
https://maps.app.goo.gl/Gc5dHbxsCXBioJJX6?g_st=ic
📞 For communication, inquiries, and document review:
* Real Estate Marketer: Ahmed Al-Harbi
* Mobile: ( Phone number appears when clicking the contact button )
* Real Estate Brokerage and Marketing License: 1100035489