High Monthly Income Asset in Kochi

  • Rs. 4,500,000.00
  • Published date: May 18, 2016
    • Vytilla, Kochi, Kerala, India

RARE HIGH MONTHLY INCOME ASSET AT PRIME LOCATION IN COCHIN (VYTILLA BYPASS)

Location: On the main NH 47 bypass, 1 km before Le Meridian.

1. You purchase a unit in a custom built hotel apartment and this unit will be owned completely by you & registered in your name.
2. Then You will lease your unit to Starlit Suites - India’s No.1 Corporate Hotel Apartment Operator.
3. Starlit Suites will then completely manage and market this hotel apartment as a 3 star hotel to the country’s leading corporates with whom Starlit has rate contracts.
4. At the end of each month, the revenue generated by the hotel apartment will be shared between the unit owners (you) & the operator on a 50:50 revenue share basis.
5. Your share out of the above 50% given to all unit owners translates into monthly income of Rs.35000 to Rs.50000 in the beginning and which almost doubles by the 15th year.
6. You remain the absolute owner of the property throughout the lease period & you can sell the unit at any point of time (there is no lock-in for ownership).

Asset Pays For Itself
Once income starts, you no longer have to pay from your pocket as the income is greater than the EMI you pay on the home loan and hence, the asset pays for itself.

Zero Maintenance for You As an Investor
This asset requires ZERO maintenance unlike a residential asset where you need to get involved on a regular basis.

Two Sizes Available
Studio for Rs.45 Lakhs | 1 BHK for Rs 61 Lakhs

Details

TypeFor sale
Property typeApartments
Num. Rooms1
Num. Bathrooms1
StatusNew construction
Square Feet560
Num. Floors9
Floor Number8

Other characteristics

  • Heating
  • Air Condition
  • Elevator
  • Terrace
  • Parking
  • Furnished
  • New
  • By Owner
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Useful information

  • Meet seller at a safe location
  • Check the item before you buy
  • Pay only after collecting item
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