Introduction: OTEL Residency is a luxurious residential project by Zifan Group in Defence View, Karachi. It is designed to provide the ultimate living experience to its residents with its uncountable amenities and facilities. The project offers 3 and 4-bedroom apartments with a starting price of 2 crore for the 3-bed apartment and 3 crore for the 4-bed apartment. It has a payment plan of 4 years and is expected to be completed in 2027.
Why is Otel Residency a good investment?
Prime Location:
It is situated in the heart of Karachi, Pakistan's economic hub. The prime location of Defence View makes it an attractive investment opportunity as it is well-connected to the rest of the city and offers easy access to major commercial areas, hospitals, educational institutions, and public transportation. This makes OTEL Residency a great place to live in for families and professionals who need to be close to everything.
Attractive Valuation & Pricing:
OTEL Residency is a fantastic real estate project that offers exceptional value for money. Compared to other similar projects in the area such as Defence Regency, Dolmen Grove, Defence Skyline, and Brentwood, OTEL Residency offers much more affordable pricing. The developers have worked tirelessly to ensure that their pricing is competitive without compromising on the quality of the project.
This makes OTEL Residency an excellent option for anyone who wants to invest in a high-quality residential project without breaking the bank. Expected rental yield on the project is 7.5% - 8.0% which is considered really good.
High-quality Amenities: Otel Residency offers a long list of high-quality amenities, including a swimming pool, spa, gym, daycare, coffee shop, mosque and 24/7 security. The project also has ample parking space which is a valuable asset in a crowded city like Karachi. These amenities will highly increase the standard of living for its residents and help attract tenants and eventually increase the value of the property over time.
Experienced Developer:
Otel Residency is being developed by Zifan Group, a well-established real estate development company with a proven track record of delivering quality projects. Their successful projects like Emaarah Suites are a testament to their expertise and commitment to quality. Their focus on quality and attention to detail are evident in every aspect of OTEL Residency, from the design to the amenities. This can provide investors with confidence in the project's quality and potential for success.
Potential for capital appreciation:
As Karachi's real estate market continues to grow, properties located in prime locations such as Otel Residency are likely to appreciate in value over time, providing investors with capital gains.
In conclusion, OTEL Residency is a great project to live in and invest in. It offers a prime location, luxurious amenities, and a reputable developer, which makes it a valuable asset in the real estate market. The payment plan of 4 years also makes it easier for potential buyers to invest in the project. Therefore, if you are looking for a luxurious living experience in Karachi, OTEL Residency is definitely worth exploring.
Project Pictures
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