Studio unit- a serviced apartment.
- 6 % Rental guaranteed (no maintenance/ Management fees on this)
- The additional revenue would be divided on 50/50 basis between management company and owner.
- Al Alka has been operating as serviced apartments and now the project is also being sold as Service Apartments Project and the units are fully furnished.
- Pay about 25- 28% now and rest on transfer in land department in 60 days.
- Expected Revenues are much higher since your are buying a serviced apartment project.
- Minimal transfer fees applicable.