750 K KWD
Real estate opportunity with a return of 13 percent
Real estate opportunity in Muscat
Commercial residential building
consists of 4 floors
It consists of 24 apartments
12 two-room apartments and a hall
12 bedroom apartments
20 shops
With a full basement
The possibility of adding a fifth floor
The land area is 700 meters and the building is 100%
On three streets and a port that is considered to be 4 facades
The building is only new for almost 4 years and is maintained periodically and is fully affected by municipal contracts and checks. There are no problems in terms of engineering matters or tenant issues
There is also a prestigious office that manages the building. The new buyer can keep or evacuate the company
The price is 750 000 Omani riyals, equivalent to 600200 Kuwaiti
The revenues of the complex are 8000 Omani riyals, equivalent to about 6400 Kuwaiti dinars
The office percentage is 1.5%
