Wow, this property is a gem! 💎 Let’s break it down: Location: Al Mowaihat in Ajman is a prime spot, and being on an asphalt road corner adds extra
Wow, this property is a gem! 💎 Let’s break it down:
Is it worth it?If you're looking for a stable rental income and a property with growing value, this deal is worth serious consideration! 💼
✨ Pro-Tip for Smart Investors:
Before buying, make sure to:
- Location: Al Mowaihat in Ajman is a prime spot, and being on an asphalt road corner adds extra value.
- Age: Only 4 years old? That’s practically new, requiring minimal maintenance.
- Layout: A great mix of apartments in various sizes, studios, and shops—perfect for generating diverse rental income.
- Current income: AED 660,000 annually… That’s approximately an 8% annual ROI based on the asking price (AED 8,200,000).
Is it worth it?If you're looking for a stable rental income and a property with growing value, this deal is worth serious consideration! 💼
✨ Pro-Tip for Smart Investors:
Before buying, make sure to:
- Review tenant contracts and their payment reliability.
- Inquire about any additional maintenance or service charges.
- Consult a legal expert to ensure a smooth purchase process.
Property Information
- TypeCommercial Building
- PurposeFor Sale
- Reference no.Bayut - 105640-mG8Sdn
- CompletionReady
- Average Rent
- Added on17 November 2024
Features / Amenities
Swimming Pool
Jacuzzi
Day Care Center
Kids Play Area
+ 4 more amenities