History
20
Managed Apartment | Luxury Furnished | Spacious
This unit and all other units in the building are entirely managed by Oryx leasing.
Oryx collect rent on furnished units (all bills paid basis), pay expenses like service charges, utilities, maintenace etc and then pay the net rent to the owners.
Additionally, they give 28 days complimentary stay for the owner, for which the owner can stay himself or rent to someone on short term furnished unit (all bills paid) basis. Since this property is close to tourist attraction (miracle garden) the 28 days can earn up to 10k approx. if rented during peak season time.
This unit is for sale as furnished unit. The property management contract will pass on to the next buyer.
The property management contract was signed for 20 years with 10 years remaining (expiry date 2034).
After expiry of property management contract (2034) the unit has to be managed by owner himself.
This is purely investor product (not end user product).
The Owner doesn't need to appoint any agent for this. The net rent is transferred by Oryx Leasing to the owner's bank account (anywhere in the world). The management company rent the property on furnished fully bills paid basis.
About Platinum One:
An award-winning building with Rooftop Pool, Jacuzzi, and Sauna- Dedicated Supermarkets, Restaurants, Salons, Pharmacies, Rooftop Fitness Center.
Primely located in the best location of Arjan in front of Miracle gardens.
Details of properties:
Unit Size: 631 sqft
Unit Type: 1BR currently converted to large studio (can be converted back to 1BR)
Fully furnished
Vacant
Oryx collect rent on furnished units (all bills paid basis), pay expenses like service charges, utilities, maintenace etc and then pay the net rent to the owners.
Additionally, they give 28 days complimentary stay for the owner, for which the owner can stay himself or rent to someone on short term furnished unit (all bills paid) basis. Since this property is close to tourist attraction (miracle garden) the 28 days can earn up to 10k approx. if rented during peak season time.
This unit is for sale as furnished unit. The property management contract will pass on to the next buyer.
The property management contract was signed for 20 years with 10 years remaining (expiry date 2034).
After expiry of property management contract (2034) the unit has to be managed by owner himself.
This is purely investor product (not end user product).
The Owner doesn't need to appoint any agent for this. The net rent is transferred by Oryx Leasing to the owner's bank account (anywhere in the world). The management company rent the property on furnished fully bills paid basis.
About Platinum One:
An award-winning building with Rooftop Pool, Jacuzzi, and Sauna- Dedicated Supermarkets, Restaurants, Salons, Pharmacies, Rooftop Fitness Center.
Primely located in the best location of Arjan in front of Miracle gardens.
Details of properties:
Unit Size: 631 sqft
Unit Type: 1BR currently converted to large studio (can be converted back to 1BR)
Fully furnished
Vacant
Property Information
- TypeApartment
- PurposeFor Sale
- Reference no.Bayut - 103148-GbI2fZ
- CompletionReady
- FurnishingFurnished
- Average Rent
- Added on21 June 2024
Features / Amenities
Furnished
Jacuzzi
Sauna
Centrally Air-Conditioned
+ 8 more amenities
Trends
Mortgage
Location & Nearby
Location
Schools
Restaurants
Hospitals
Parks
