By purchasing apartments in Layan Green Park you can join guaranteed rental return program which allows you to receive passive income equal 8% of the property value for 5 years.
Rental income is calculated as a percentage of purchased unit price. It is guaranteed to be paid to the owner at the end of each year for 5 years.
The management company is taking care of renting and servicing the unit. At the same time, the owner of the unit is receiving passive income throughout the year and can stay in the unit for 15 days from May to October. Therefore, the owner of the unit can earn income not only from an increase of the unit’s price during the construction period, but also from renting the unit after construction is finished.
To Buyers of units in Layan Green Park we offer 7 or 8 % rental income for 5 years.
1st payment: within 30 days after reservation (after deduction of reservation amount)
2nd payment: upon the Building B 3-rd floor structure completion (April 2021)
3rd payment: upon the Building A ground floor structure completion (November-December 2021)
4th payment: after completion of plastering works (June-July 2022)
5th payment: on transfer of ownership (Q4 2022)
To participate in the program, it is required to purchase a full standard furniture package from the developer. It is important to note that the management company is fully responsible for the unit’s condition and is capable to solve all issues concerning servicing and repair without contacting the owner.