285m² Building in Riyadh, Saudi Arabia No. 98685

285m² Building in Riyadh, Saudi Arabia No. 98685
ID98685 $ 1 999 477
98685

Property description

Discover an exceptional opportunity to own a building located in the vibrant neighborhood of Um Al-Hamam Al-Sharqi in Riyadh. This property represents an excellent investment choice for those looking to expand their real estate portfolio or start a new project.

Key Features:
- Property Type: Building
- Purpose: For Sale
- Location: Um Al-Hamam Al-Sharqi, Riyadh
- Price: 7,500,000 Saudi Riyals
- Unfurnished

This building is situated in a strategic location, providing easy access to essential services and facilities, making it ideal for personal use and business opportunities.


Amenities include:
- Electricity supply to reliably meet energy needs
- Water supply to ensure continuous availability of water

The structure of the building is designed to accommodate various types of businesses or can be converted into multi-purpose spaces according to your vision. Its location in Um Al-Hamam Al-Sharqi allows for convenient access to main roads and transportation, enhancing its appeal to both tenants and owners.

Investing in this property secures a valuable asset and provides an opportunity to benefit from the growing demand for real estate in Riyadh. The neighborhood is known for its community life, contributing to creating an environment conducive to residential and commercial activities.

For those looking to invest wisely, this building offers tremendous potential and a standout price point. Don't miss the chance to take advantage of this great offer. For more details or to arrange a viewing, please contact us today!

Features

Furniture
  • Unfurnished
Land plot features
  • Electricity
Riyadh - Statistics
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ParametersRiyadh
Rent Per Month
Apartment (1 bedroom) in City Centre$ 1 140.92
Apartment (1 bedroom) Outside of Centre$ 911.57
Apartment (3 bedrooms) in City Centre$ 2 193.94
Apartment (3 bedrooms) Outside of Centre$ 1 159.81
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 2 664.15
Price per Square Meter to Buy Apartment Outside of Centre$ 1 774.70
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ParametersRiyadh
Crime Index24.90
Cost of Living and Rent Index38.96
Purchasing Power Index128.31
Property Price to Income Ratio4.54
Safety Index75.10
Traffic CO₂ Index8162.38
Traffic Inefficiency Index202.90
Rent Index26.93
Health Care Index65.90
Groceries Index44.80
Pollution Index63.41
Traffic Commute Time Index32.76
Restaurant Price Index40.82
Climate Index44.45
Cost of Living Index48.28
Quality of Life Index162.03
Traffic Index154.53
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ParametersRiyadh
Restaurants
Meal, Inexpensive Restaurant$ 8.00
Meal for 2 People, Mid-range Restaurant, Three-course$ 53.32
McMeal at McDonalds (or Equivalent Combo Meal)$ 8.00
Domestic Beer (0.5 liter draught)$ 1.87
Imported Beer (0.33 liter bottle)$ 2.33
Coke/Pepsi (0.33 liter bottle)$ 0.74
Water (0.33 liter bottle) $ 0.29
Cappuccino (regular)$ 4.11
Markets
Milk (regular), (1 liter)$ 1.65
Loaf of Fresh White Bread (500g)$ 1.29
Eggs (regular) (12)$ 2.69
Local Cheese (1kg)$ 8.68
Water (1.5 liter bottle)$ 0.55
Bottle of Wine (Mid-Range)$ 8.67
Domestic Beer (0.5 liter bottle)$ 1.73
Imported Beer (0.33 liter bottle)$ 2.46
Cigarettes 20 Pack (Marlboro)$ 7.20
Apples (1kg)$ 2.33
Chicken Fillets (1kg)$ 10.10
Oranges (1kg)$ 1.83
Potato (1kg)$ 1.28
Lettuce (1 head)$ 1.48
Rice (white), (1kg)$ 2.41
Tomato (1kg)$ 1.57
Banana (1kg)$ 1.74
Onion (1kg)$ 1.52
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 14.56
Transportation
One-way Ticket (Local Transport)$ 1.07
Monthly Pass (Regular Price)$ 37.33
Gasoline (1 liter)$ 0.61
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 34 660.84
Taxi Start (Normal Tariff)$ 3.47
Taxi 1km (Normal Tariff)$ 1.87
Taxi 1hour Waiting (Normal Tariff)$ 13.33
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 23 412.13
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 104.84
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 75.43
$ 34.71
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 2 443.75
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate5.31
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 106.98
Tennis Court Rent (1 Hour on Weekend)$ 58.32
Cinema, International Release, 1 Seat$ 16.00
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 60.22
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 65.24
1 Pair of Nike Running Shoes (Mid-Range)$ 110.35
1 Pair of Men Leather Business Shoes$ 103.58
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 464.15
International Primary School, Yearly for 1 Child$ 9 903.89
Data are provided by Numbeo.com and are based on its users survey. Middle-east.realestate can not guarantee the validity of these data.
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CityRiyadh
TypeBuilding
Living space285 m²
  • sq. ft
Price
  • Price
  • per m²
$ 1 999 477
Seller
The Right Choice Realestate