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.
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.