Appartement à Muwaileh Commercial，Al Mamsha, 379000 AED - 16801411

Studio for Sale with Pool View | Investment Opportunity in Sharjah | Final Price: AED 380,000 | Currently Rented at AED 24,000/Year.

An excellent opportunity for investors seeking an affordably priced property with existing rental income! This studio, featuring a pool view and an area of approximately 290 sq. ft. , is available for a final price of AED 380,000 and is currently leased at AED 24,000 per year.

This unit is an ideal choice for those looking to enter the real estate investment market with a lower capital outlay while benefiting from established annual rental income.

Property Details
Property Type: Studio
Area: Approx. 290 sq. ft.
View: Pool
Final Sale Price: AED 380,000
Annual Rent: AED 24,000
Property Status: Currently Rented
Investment Return

The gross rental yield is approximately 6.32% per annum, based on the stated sale price and annual rent, prior to the deduction of service charges and other expenses.

Why is this a good investment opportunity?
Attractive purchase price for investors seeking compact units.
Established annual rental income of AED 24,000.
Pool view adds a marketing advantage to the unit.
Suitable for investors looking to generate rental income while holding a real estate asset. An investment opportunity in a unit where feasibility can be reassessed based on operating expenses and lease terms.

Final price: AED 380,000 only.

Please contact us for details regarding the property and its location, and to learn more about the lease agreement.