Wohnung in Garden City，Almond Towers, 200000 AED - 16841390

Studio for Sale in Garden City Towers – Ajman | Excellent Investment Opportunity

A prime opportunity to own a 312-square-foot studio in Garden City Towers, Al Hamidiya 1, Ajman. This property is priced attractively for investors seeking immediate rental income and future resale potential.

Property Details:
- Area: 312 sq. ft.
- Selling Price: AED 200,000
- Current Annual Rent: AED 13,000
- Currently tenanted
- Parking space is not included in the price; purchase is optional.
- View: Facing the adjacent tower.

Location Highlights:

Garden City Towers boasts a vibrant location close to the courts, government offices, and essential services, ensuring easy access to daily amenities and enhancing the area's appeal for both residency and investment.

Why This Studio?

- Attractive purchase price within the affordable investment property segment.
- Current rental income offering a gross annual yield of approximately 6.5% (before expenses).
- Convenient location near services and government entities.
- Investment opportunity with future resale potential.
- Option to purchase a parking space separately if desired.

Asking Price: AED 200,000 (excluding parking).

Please contact us for further details, lease information, and purchasing procedures.