An excellent investment opportunity is available in the heart of Manama, specifically in the well-known Fareej Al Fadhel area, offering a highly demanded location with strong rental potential.
The building is classified under RHB zoning and consists of three compact residential units, one apartment per floor, making it suitable for steady rental income with low maintenance requirements.
Each apartment includes one bedroom, a small living area, a bathroom, and a kitchen, designed to meet the needs of tenants seeking affordable housing in a central location.
The total building area is 39.5 sqm, and all units are currently rented out for BHD 120 per month, including electricity, with a BHD 20 electricity cap per unit.
The total monthly income is BHD 360, resulting in a net income of BHD 300 after utility deductions, making this property a solid investment with consistent returns.
The building is situated in a prime area close to services, shops, and main roads, ensuring continued tenant demand.
Selling Price: BHD 55,000, negotiable for serious buyers.
