Investment Building for Sale in East Riffa with Steady Income

Investment building for sale in East Riffa (Al-Hujaylat). This property consists of 3 floors with 7 apartments.

Details of the building:
- Land area: 500 square meters (20 * 25 meters).
- Ground floor: Contains two apartments, each with:
- 3 bedrooms.
- 2 bathrooms.
- Spacious living room.
- Large kitchen.
- External yard.

- First and second floors: Each floor has two apartments, each consisting of:
- 4 bedrooms.
- 3 bathrooms.
- Living room.
- Kitchen.
- Balcony.

- Studio apartment on the roof consisting of:
- Room.
- Bathroom.
- Living room.
- Kitchen.

Monthly income for the building: 1,420 BHD (excluding the studio apartment).

If you are looking to invest, this building is an ideal opportunity. The annual income of the building is BD 17,040 (BD 1,420 per month). With a selling price of BD 250,000, the annual return is 6.81%. Based on this return, the capital can be recovered in approximately 14.7 years. It is a great investment opportunity that guarantees you a steady income with the possibility of recovering the capital in a reasonable period of time.

Asking price: 200,000 BHD.

Property details

Property Type

Whole Building

Property Size

5,382 sqft / 500 sqm

Bathrooms