ROI 7% Safe Investment Hotel Suite

AED 1,950,000
Property Id : 28474
Price: AED 1,950,000
Property Size: 647 ft2
Bathrooms: 1
Property Type: Apartment
Unit Type: Studio Apartment
Size: 647 sqft
Payment Plan: 8,020 AED/month

Description

Apartment for sale in FIVE Palm Jumeirah, Palm Jumeirah

On behalf of Tamani Properties I am glad to present this studio with guaranteed ROI.

Limited land supply and the great interest in the area, which results in an constantly increasing price for this property. This is a good opportunity to make money not only on guaranteed ROI, but also on capital appreciation. Also, there will be no more similar projects in this area, which creates a shortage of supply and a great potential for price growth for this indispensability.

The hotel room is fully managed by Five Hotels, with returns based on room revenue and occupancy. Forty percent of all revenue is distributed among the hotel room owners in the hotel pool on a per square foot basis, while sixty percent is retained by Five. This hotel unit is managed by Five Holding as part of the Five Palm Hotel. There are no service charges, monthly bills, or maintenance costs, as these are covered by Five Holding. The unit owner receives monthly income based on hotel occupancy rates. Moreover, the owners can enjoy 14 days fee stay yearly.

Property Features:

  • Studio
  • 1 Bathroom
  • Huge Balcony
  • Guaranteed ROI

Community Amenities:

  • Private beach
  • Panoramic swimming pool
  • SPA complex
  • Restaurants and bars
Other Features
24/7 Security
Community Parks
Cycling Tracks
Jogging Trails
Kids Play Area
Leisure Areas
Lobby Lounge
Parking Space
Pharmacy
Restaurants
Country: United Arab Emirates
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Overview

  • 1 Bathrooms
  • 647 ft2

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Dina Konbos

Off-Plan Projects Expert

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