Fully renovated building with direct sea view in Al Qila - Increasing investment return
A unique opportunity for investors looking for a ready-to-maintain property with guaranteed income in one of Sharjah's most sought-after locations.
Property details:
Location: Sharjah - Al Qila area (stunning sea view).
Area: 3,000 sq ft.
Condition: Building age 21 years, but fully renovated and refurbished just one month ago (building in excellent condition).
Unit distribution:
13 apartments (1 bedroom and living room).
1 studio.
3 shops.
Income plan (fast and guaranteed growth):
Current income: AED 335,000.
Income (June 2024): up to AED 350,000.
Income (November 2024): up to AED 380,000.
Financial data:
Asking price: AED 4,000,000.
Expected return: up to 9.5% (very high return compared to market price).
Key benefits:
Location: Sea view ensures consistent rental demand.
Renovation: No maintenance expenses needed in the near future due to the recent full renovation.
Value: Price per square foot and total sale price represent a true long-term investment opportunity.
For viewing and contact: