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Primary Users of Luxury Apartments

Posted by Rehan Ahmed on July 31, 2021
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The general property investors in Lahore and Punjab often ask this question that who will be using the apartments which we recommend to them while suggesting property investments.

Keeping this in mind I am writing this article for our valued investors.

 

Who is the main user of Luxury Apartments?

  • Luxury Private Offices of Elite Businessmen
  • Alternative Private Residence which provides hotel-level service with the privacy of a house
  • A residence place to host guests arriving from other cities and countries like friends, family, and business customers especially elite class businessmen, industrialists, politicians, cooperate heads.
  • Hangout place for friends, colleagues, and business associates to socialize.
  • Cooperate staff residences
  • Small Families and single women who want a property with fewer maintenance costs and management issues and better security ( newly married couples, Overseas Pakistanis, elderly persons with families overseas)
  • People looking for a community of like-minded people with high-end facilities right at their residence complex (High-end GYM, Swimming Pool, Sauna, Kids Play Area and Event Hall, Etc.)

Sixty6 Gulberg Building

What is the benefit for Investors in Purchasing Quality Luxury apartments?

 

  • High Rental Returns as primary users are the rich affluent class who can afford and want to pay a premium for quality residences.
  • Consistent Asset Gains
  • Good chances of obtaining Higher Returns in the short term if luxury apartments are purchased in installments For example:
    • If you purchase an apartment with 3 years payment plan; in the first year, your investment will be just 33% of the property purchase price, meaning that for any price appreciation, your return will be 3 times that if you would have paid full payment for them upon purchase resulting in good profits.

Investment Return in sixty6

How does Imlaak assist in purchasing good luxury apartment options?

  • Imlaak is known for promoting rental income properties especially luxury residences and apartments. Over the years it has developed expertise in assessing projects and selecting the few which fulfill all quality criteria discussed above.
    • Exclusive quality projects are refined for our clients to suit their investment preferences and timelines.
    • The projects below to name a few
      • Goldcrest Apartments DHA Lahore (Ready)
      • Downtown Residence Gulberg (Ready in less than 2 years)
      • Sixty6 Gulberg Lahore (Ready in 3.5 years)

consultancy at imlaak

Contact us or meet us at our offices to Invest in profitable projects.

Posted By Rehan Ahmed

Rehan@imlaak.com

+92 300 3365522
+92 300 1418822

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