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Residential Real Estate for Sale in Doha, Qatar

For Sale: 20-story luxury tower with 135 fully furnished units, all leased for 3 years.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 3.1 million
Run Rate Sales USD 3.2 million
EBITDA Margin 30 %
Industries Residential Real Estate
Locations  Doha
Local Time 4:47 PM Asia / Qatar
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 67 million (Native Currency: USD 67,000,000)
Reason: The owner is retiring. We are advisors representing out client on the platform and we do not charge... View More
Includes physical assets worth USD 67 million
Business Overview
- The tower is strategically located in The Pearl, a manmade high-end island.
- Revenue is generated through leasing of all the residential units.
- There are 135 apartments and all are leased.
- It is a high-end apartment with amenities- Gym, spa, swimming pool, kids play area.
Products & Services Overview
Fully furnished 1, 2, and 3 bedroom apartments.
Assets Overview
Land area of 3,471 m2, all furniture and equipment within the tower.
Facilities Overview
- Own total land area: 3,471 m2. It is located in the west of the city.
- Built up area: 36,649 m2.
- Ground floor + 3 Parking + Amenity + 17 floors.
- Units: Furnished 1, 2, 3 bedrooms.
Capitalization Overview
- Currently owned by 2 business owners 50/50 partnership with a bank loan that funded the construction. It is paid of monthly with the generated revenue rental income.
- The loan will be carry forwarded to the buyer. The remaining loan amount is USD 27 million.
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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