Luxury Apartment for Sale in Al-Majdiah, Al-Malqa | 147 SQM

Be Found Real Estate is proud to present an exceptional residential apartment for sale, located on the second floor of the prestigious Al-Majdiah development. Renowned for its modern architecture and high-end finishes, this property is situated in the prime Al-Malqa neighborhood—one of North Riyadh's most elegant and sought-after districts. The location offers seamless access to major arterial roads, including Anas Ibn Malik Road and King Fahd Road, with a comprehensive range of amenities and services just steps away. Key Property Details Offer No. 2258 Neighborhood: Al-Malqa (North Riyadh) Total Area: 147 sqm Floor: Second Floor (Elevator available) Property Age: 4 years Street Access: Facing a wide 36-meter eastern street Interior Layout & Specifications The apartment is thoughtfully designed to combine comfort, practicality, and luxury: Bedrooms: 3 spacious and comfortable bedrooms. Living Spaces: A private formal Majlis (reception room) for guests and a modern family living lounge. Amenities & Services: A fully fitted kitchen, an indoor storage room, and 3 high-quality finished bathrooms. Climate Control: AC units are fully installed and operational throughout the apartment. Parking: Dedicated private outdoor parking space. Financial & Investment Highlights This property represents an outstanding investment with immediate rental income and flexible purchasing options: Financial Offer: Price is 1,310,000 SAR (Current bidding/Soum). Legal Status: Mortgaged under an active real estate finance plan (with the option to transfer the debt/mortgage to the new buyer). Rental Income: The apartment is currently leased for 80,000 SAR per year (paid in a single annual installment), with the next installment due in six months. Location & Community Features Located in the upscale Al-Malqa district, known for its premium lifestyle and infrastructure. Strategic location providing easy commutes via King Fahd Road and Anas Ibn Malik Road. Surrounded by essential daily services including schools, mosques, medical centers, and a wide array of premium restaurants and cafes. An ideal environment for family living or securing a stable, high-yield real estate asset.