- How can I purchase a unit in the apart hotel?
- To purchase an apartment, simply contact us via our website or email to reserve your unit. We will guide you through the process, including signing a sales agreement and completing the necessary paperwork.
- When will construction start, and when will it be completed?
- Construction is scheduled to begin in May 2025, with completion anticipated within 16 months. Updates on the progress will be shared regularly.
- How are payments structured?
- Payments are made in stages aligned with the progress of construction. A standard payment schedule includes a reservation fee, an initial deposit upon signing the sales agreement, and milestone payments during construction, with the final payment due upon completion, please contact us for details.
- What is included in the purchase?
- Each apartment comes fully furnished and ready for operation, including high-quality interiors, furniture, and appliances. The purchase also includes access to the shared facilities, such as the pool, gardens, and on-site restaurant.
- Can I use the apartment personally?
- Yes, as an owner, you have the option to use your apartment for personal stays or keep it in the rental pool for income generation. A flexible owner stay policy will be outlined in your agreement.
- Who will manage the property?
- The property will be managed by DT Estates (Pvt) Ltd, ensuring professional operation, guest services, and maintenance. Owners can enjoy hassle-free rental income, with detailed reporting on occupancy and earnings.
- How will rental income be distributed?
- Rental income will be calculated monthly and distributed to owners after deducting management fees and operating costs(utility bills). Transparent financial reports will be provided regularly.
- Are there any additional costs for owners?
- Additional costs may include property management fees, maintenance charges, and utility costs. These will be clearly outlined in the ownership agreement.
- What is the return on investment (ROI) potential?
- While ROI depends on factors like occupancy rates and market trends, DT Estates (Pvt) Ltd’s proven track record with Villa Hiriketiya demonstrates the potential for consistent and profitable returns starting from 15% ROI.
- What if I want to sell my apartment in the future?
- Owners have the flexibility to sell their apartments. Our team can assist with the resale process to help you achieve the best value.
- Are there any restrictions on foreign ownership?
- We ensure compliance with local laws, and our legal team will assist international buyers with the ownership process.
- How can I stay updated on the project’s progress?
- Regular updates, including construction milestones and photos, will be shared with owners via email and an online portal.
