Sale
AED 2,599,999
- 5,449
sqft
Reference No.
Basic housing information
Re Type
Introduction
For Sale: Residential plot in Tilal City, Sharjah, offering an excellent opportunity for investors and property developers looking to develop a residential building in a growing and established investment destination. The plot comes with an approved building permit allowing a ground floor dedicated to parking and three repeated residential floors, providing a practical development structure suitable for creating multiple residential units and generating potential long term rental income. Property Details Location: Tilal City, Sharjah Property Type: Residential Plot Plot Size: 5,449 Sq. Ft. Building Permit: Residential Building Approved Structure: Ground Floor for Parking plus Three Repeated Residential Floors Ownership: Freehold for All Nationalities Purpose: Residential Investment and Property Development Investment Opportunity This residential plot is an attractive option for investors seeking a property with a clear development concept and the flexibility to create a multi unit residential building. The approved configuration includes a ground floor allocated for parking together with three repeated residential floors, allowing the future owner to make efficient use of the available land and develop a project designed according to market requirements and the needs of future tenants. The freehold ownership available to all nationalities is another important advantage of this property. It provides international investors and buyers with the opportunity to own the property and participate in the Sharjah real estate market. The combination of freehold ownership, a substantial plot size of 5,449 square feet and a residential building permit makes this property suitable for investors who are looking for a development opportunity rather than a standard residential plot. Development Potential The plot offers a practical foundation for developing a residential building with parking on the ground floor and three repeated residential levels. Investors can explore different
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25 yearsInterest rate
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Disclaimer
This listing's information is solely for consumers' personal, non-commercial use. It is provided to identify properties for potential purchase or rental. Information is supplied by hosts or agents/brokers and is considered reliable but should be verified by buyers or tenants. MetaHomes assumes no liability for typographical errors, misprints, or misinformation.

