Duplex Villa for Sale in Al Narjis District, 297 sqm. - Dwelleo | Dwelleo
Duplex Villa for Sale in Al Narjis District, 297 sqm.
Al Narjis Dist., Riyadh
Price
SAR2,200,000
New Listing
Property Description
"Be Found" Real Estate is pleased to present an exceptional villa for sale in the prestigious Al Narjis district. This property offers a perfect blend of functional design, privacy, and spacious living, making it an ideal choice for both personal residence and long-term investment.
Property Specifications:
Offer No:2288
Al Narjis district
Area: 297 sqm.
Property Age: 3 years.
Location: Situated on an 18-meter wide northern-facing street.
Asking Price: SAR 2,200,000.
Current Bid: 1,950,000 SAR
Financial Status: The property has a remaining mortgage of SAR 290,000.
Layout & Interior:
Ground Floor: Features dual independent entrances (separate entries for men and women), a spacious men's Majlis, a formal dining room, a large family living area, a kitchen, and two bathrooms.
First Floor: Comprises two private master suites and two additional bedrooms with a shared bathroom.
Second Floor: Includes an additional master bedroom, a maid's room with an en-suite bathroom, a laundry room, and two expansive terraces (front and back), perfect for outdoor seating and utility use.
Investment Highlights:
The property is currently leased with an annual rental income of SAR 83,000. The lease agreement is set to expire by the end of 2026, offering the new owner full flexibility to either renew the contract or terminate it based on their specific requirements.
Current Assessment: Exceptional Price This property is priced significantly below the average value of similar properties, indicating a potentially strong deal for buyers.