RAK Commercial Business Opportunities on Land Plot

Leasehold Land Plot Available in Sought After Location Approved for Commercial / Residential Building Structure Location: Dafan Al Nakheel, Ras Al Khaimah New Lease - 99 Years Business Opportunity: - Located in Busy Residential & Trade Area - Strong Commercial Area - Brand New Lease - Land Approved for Commercial Residential - 13,750 Sq. ft / 1,272 Sq. meters - Three Year ROI - Growing Development Area - Next Door to Hilton Doubletree There is a strong demand for mixed use commercial and residential buildings within this area. Ras al Khaimah is growing in every aspect possible, with this growth comes the need for increased housing, tourism activity and for commercial businesses to set up and operate in residential areas. An investment possibility here would definitely be in the construction of a mixed-use building providing homes to residents, short stay accommodation to tourists and commercial offerings for the local market. Investment Summary: - Growing demand for affordable homes in the area - Shortage of hotel rooms and holiday lettings - Number of companies setting up in Ras Al Khaimah needing office space - Commercial potential of retail units located within the structure for local market Research in this area highlights a that a high number of recent developments become fully occupied within weeks of completion. After the purchase, building materials, construction and operating costs, an investor would expect to make profit within three years of structure completion making this an attractive investment prospect - throw in the Ras Al Khaimah property boom into the mix and the potential increases even more. The leasehold is free to request a change of use should they feel they have alternative ideas for the plot. This land is for sale exclusively through Seven X Consulting, who have been directly appointed by the owner.