For Sale: Exceptional Investment Building in Al Luwara Area - Ajman

This building presents an unmissable investment opportunity in the heart of Al Luwara area in Ajman. Spanning across 2000 square feet, it comprises a ground floor and an upper floor housing 5 deluxe apartments of two bedrooms and a lounge.
The building boasts 4 leased apartments generating an annual income of AED 70,000 to a company offering affordable rentals, making it an excellent prospect for a good return on investment. Additionally, one apartment is currently vacant, offering the buyer an opportunity for personal residence or increased rental income.
A comprehensive maintenance has been carried out, ensuring a secure and comfortable environment for both residents and tenants alike.
Priced at an irresistible AED 850,000, this building represents a genuine chance to own a freehold investment property open to all nationalities.
Don't miss the opportunity to invest in this outstanding building in a prestigious area. Contact us now for further details and seize the chance to invest in your real estate future.
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Property Information

TypeResidential Building
PurposeFor Sale
Reference no.Bayut - 8388-xleN1Y
CompletionReady
Average Rent
Added on29 November 2023

Features / Amenities

Balcony or Terrace

Parking Spaces: 20

Maids Room

Sauna

+ 19 more amenities

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