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Guaranteed income
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.
How to calculate income
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.
Investment options
Option A
Cashback
10%
Rental Income
10%
Years
10
1-st payment
100%
2-st payment
-
3-st payment
-
4-st payment
-
5-st payment
-
Option B
Cashback
-
Rental Income
8%
Years
5
1-st payment
50%
2-st payment
20%
3-st payment
20%
4-st payment
-
5-st payment
10%
Option C
Cashback
-
Rental Income
7%
Years
5
1-st payment
30%
2-st payment
25%
3-st payment
20%
4-st payment
15%
5-st payment
10%
* 1 year after receiving the first payment
Option A: for investors who want to receive the highest annual income of 8% of the purchase amount for 5 years as well as receive a cashback in the amount of 10% of the purchase amount one year after the first payment.
Option B: for investors who wish to receive 8% of guaranteed rental income for 5 years. Under this option, 50% of the unit price is paid first is and the balance amount is paid by installments during the construction period.
Option C: for investors who wish to receive the average market income of 7% for 5 years. Under this option, 30% of the price is paid first and the balance amount is paid by installments during the construction period.
Approximate dates of payment
1-st payment: within 30 days after reservation (after deduction of reservation amount).
2-st payment: start of the foundation works (September – October 2020).
3-st payment: after completion of buildings construction works (October – December 2021).
4-st payment: after completion of plastering works (June-July 2022).
5-st payment: by the date of registration of property (December 2022 – February 2023).
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.