157m² Building in Riyadh, Saudi Arabia No. 98755

157m² Building in Riyadh, Saudi Arabia No. 98755
ID98755 $ 359 906
98755

Property description

Welcome to this magnificent building located in Al-Jardiya in Riyadh, a prime area that offers great potential for investment or commercial purposes. This property is a robust structure, providing the perfect opportunity for those looking to expand their real estate portfolio or establish a new commercial site.

Key Features:
- Currently unfurnished, allowing for complete customization according to your vision.
- The building is equipped with essential facilities including:
- Reliable electricity supply
- Adequate water supply

At a competitive price of 1,350,000 Saudi Riyals, this building offers value for potential buyers and investors. Its strategic location in a vibrant area of Riyadh enhances its appeal.

This property is considered a blank canvas, ideal for developers or businesses seeking new space to operate. The growth potential in this area means that the building can serve a variety of purposes, whether for mixed-use, commercial, or even residential according to your needs and vision.


Being situated in Al-Jardiya, you have access to various facilities, services, and major roads, enhancing both accessibility and visibility for customers or clients.

Don’t miss this unique opportunity to acquire a building that can be shaped according to your specifications. Contact us today for more information or to arrange a visit. Your next significant investment may be just a call away!

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 space157 m²
  • sq. ft
Price
  • Price
  • per m²
$ 359 906
Seller
The Right Choice Realestate