Freehold Villa for Sale in Al Rashidiya 3 Ajman Li

Villa for Sale with Freehold Ownership for All Nationalities in Al Rashidiya 3 Ajman

Excellent investment opportunity in a sought after residential and commercial area of Ajman. The property is located in Al Rashidiya 3 and offers a total land area of 4,025 square feet. The property is currently rented with an annual rental income of AED 65,000. Half of the plot is already built and rented while the remaining half is vacant land, providing excellent potential for future expansion or development. The vacant portion can be utilized to construct additional units subject to the applicable approvals, allowing the investor to increase the rental income and maximize the property's potential. The property is suitable for investors looking for an income generating asset with future development potential. Freehold ownership is available for all nationalities. The location offers convenient access to major roads, services, shops and other essential facilities. Asking price is AED 1,600,000.