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400 sqm Land for Sale in Tuwaiq - Riyadh - Dwelleo | Dwelleo
Ref 7201110564
400 sqm Land for Sale in Tuwaiq - Riyadh
Tuwaiq Dist., Riyadh
Price
SAR1,500,000
3,750SARper m²
Property Description
A great residential re-development and investment opportunity to acquire a 400 sq.m land plot (currently has an occupied villa sold for land value). Featuring dual-access with a 15-meter East-facing street frontage and a rear 10-meter passageway on Muhammad Bin Ali Al Hanafi Street in Tuwaiq District, West Riyadh.
Property Details & Plot Specs:
Total Area: 400 sq.m
Plot Dimensions: 20 meters x 20 meters
Street Frontages: East Frontage (15-Meter Street) + West Rear Passageway (10-Meter Width)
Current Status: Existing villa (sold strictly for land/site value)
Financial Status: Encumbered/Mortgaged for 995,000 SAR (to be settled upon closing)
Investment & Development Features:
Rear 10-meter access passage providing superior cross-ventilation, light, and architectural layout versatility
Perfectly square 20m x 20m plot layout ideal for a luxury private villa or duplex units
Located in the established Tuwaiq District close to primary schools, retail, and main avenues
Estimated Monthly Financing Installment: 10,400 SAR / month (approximate)
Sale Price Details:
Asking Sale Price: 1,500,000 SAR
Note: Selling price is for land value; property carries an active mortgage of 995,000 SAR
Amenities
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Current Assessment: Overpriced This property is priced significantly above market. Seller anchoring or high days-on-market risk — consider avoiding or negotiating strongly.
