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Hotel room in Jumeirah Village Circle
375 813 €

1 Bedroom Apartment at izzzi.life Mint Hotel

Sale:
375 813 € (412 036 USD)
One-room apartments in an existing hotel with a rental flow, a yield of 8% per annum from the first day of ownership. Own management company.
ID: 2029047
Last update 05-04-2024 views: 335

Property parameters

Property type
commercial properties, hotel room
Market
secondary
Area
95 sq. m.
Number of bedrooms
1
Plot area
15000 sq. m.
Year of build
2020
Levels totally
5
Destination to the sea
7 km
Destination to the airport
15 km

Location

Property options

Location
downtown area
View characteristics
city view, park/garden view
Leisure and Infrastructure
pool, golf course, playground, medical facilities, park, restaurants / cafes, supermarket, tennis court, fitness, school / kindergarten
Finance and management
mortgages available, payment by installments, payment in rubles, rental service, management company

Detailed description

Next is the automatic translation:

A modern five-storey apartment complex is located in a green, fast-growing and liquid area of DubaiJumeirah Village Circle.

A ready-made object with a rental flow – generating income from the first day of ownership.

Each owner of the unit can stay in his apartment for up to three months a year. In this case, the investor pays only the cost of utilities.
This period can be divided into parts.

There are 115 apartments of 3 categories in the complex:

- Studio

- One-Bedroom Apartment

- Two-Bedroom Apartment.

Facilities for residents:

- 24/7 reception

- Security and lifeguarg

- Underground parking

- Open-air cinema

- Swimming pool, children's pool

- Sports hall

- Closed area

- Coworking and active play areas

Each apartment has a balcony or terrace.

advantages:

  • Entry from $ 162 thousand
  • Guaranteed yield of $-8% per annum (fixed by contract) stable financial cushion in foreign currency
  • All costs, including CU, are included in the rent
  • The finished object – income immediately after the transaction
  • When buying from $ 205 thousand - residence permit
  • It is possible to organize a remote transaction
  • Our legal support at all stages of the transaction


MANAGEMENT

The availability of a license with the ability to rent apartments for medium- and short-term rentals ensures almost 100% utilization and maximum profitability.

We conclude a lease agreement for 10 years. A long period of management will allow you not to worry about short-term fluctuations in the economy, but to focus on long-term price increases in real estate.

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Contact owner
Orange.Life
Contact person:
Languages: English
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