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Residential Bldg Or Hotel For Sale in Makkah, Mecca Saudi Arabia Building For Sale In Makkah As Hotel Or Residence Asking Price: $115,000,000 USD Why Makkah?
1. A recession-proof market with very controlled supply of commercial land in central area surrounding Haram.
2. With expansion of HARAM and demolition of Shamiyah district:
supply of commercial land in central area is shrunk by 300,000 sqm Prices will continue to go up
3. Land prices in central area around Haram have reached a record price of SAR 300,000 ($80,000) per sqm.
Features, Benefits and More:
1. Property consists of a lobby, a mezzanine floor and 6 residential floors.
2. Property occupies (6 ) floors(17 to 22).
3. Configuration is 15 apartments on floors 17 & 18 and 28 apartments in floors 19, 20, 21 & 22
4. Total units: 142 apartments (keys) in 6 floors.
5. Property has its own entrance, own elevators and own restaurant.
6. Rights to manage or lease 120 units (Equivilant to 8 additional floors) on a coop basis
7. Total inventory of units possible is 261 units
Statistics and References:
- 150 meters (approximately) to the HARAM.
- 70 meters to Ajyad Alsad Street.
- 40 meters to Ajyad Hospital.
- A closer, walking distance to Ka’abah than that of Hilton Mecca.
 | | About This Property | |
| Category: | | Hotels | | Address: | | Ajyad
Makkah
Mecca
Saudi Arabia | | For Sale By: | | Owner | | Construction Year: | | 2003 | | Area: | | 6,781 m2 | | | Bedrooms: | | n/a | | Bathrooms: | | n/a | | Sleeps: | | n/a | | Stories: | | 28 | | Parking Spaces: | | 50 | |
| | Features - Amenities | |
| | | - Great Location, 150 Meters To Haram Court, Direct Views To Haram (Grand Mosque), Free Hold On (6) Floors With (142) Apartments, Dedicated: Enterance, Lobby, Elevators, Restaurants. 45% Of Units Have Views To Haram. Every Units Has Piped Azan And Super Deluxe Finish. Building Is Equipped With Latest Fire And Safety Standards: Sprinkel Systems, Pms Systems And Control.
- Can Be Used As A Hotel Or Private Residence, Never Been Used Before. (2) Floors Are Completed, (2) Additional Will Be Ready Before Hajj 2009, And The Remaining (2) Floors Will Be Handed Over By End Of 2009. Every Aprartment Has Its Own Title, Deed, Electric Meter, Water Meter. Can Be Sold Or Leased On A Long-Term Lease. We Have Serious Offers From International Hotel Chains To Manage The Faciliy.
| | - Qualified Investors/buyers Must Be Able To Close The Transaction In (30)days, Secure 50% Of Value With Sale Contract Signing And Balance By End Of Year.
- Only Serious Investors May Contact Us. An Loi Must Be Accopmanied By A 10% Deposite.
| | | Pictures (click to view a larger image) | |
| | Contact - More Information | |
| | Mohammed Al Nashwan, CMD | | | | Phones: | | 966.55.211.5000 (Makkah Time is GMT +3)
9662.668.2224 (Working Hours: 9-18)
9662.263.1921 (Working Days: Sat-Wed)
| | Fax: | | 9662664.0070 (Weekend: Thu & Fri)
| | Site: | | www.hartt-consulting.com |
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