Immeuble à Al Bustan, 10 chambres, 1150000 AED - 16895522

An excellent investment opportunity to acquire a residential building in Al Bustan, Ajman. The property has a building permit for a ground floor plus four floors and generates an existing annual rental income, making it a suitable option for investors seeking rental returns.
Building Details:

Location: Al Bustan, Ajman.
Property Type: Residential Investment Building.
Plot Area: 2,000 sq. ft.
Building Permit: Ground Floor + 4 Floors.
Details per Floor:
- 3 rooms.
- 2 bathrooms.
Current Annual Rental Income: AED 75,000.
Asking Price: AED 1,150,000.

Investment Highlights:

Located in Al Bustan, Ajman.
Multi-floor building permit, subject to approved plans and applicable regulations.
Existing annual rental income of AED 75,000.
Suitable for investors looking for a long-term property investment.
Approximate gross rental yield: 6.52% per year, before maintenance, operating expenses, and other costs.

Secure this residential investment opportunity in Al Bustan, Ajman, and benefit from an established rental income.
For further details and viewing arrangements, please contact us directly.