This project contains 3 buildings of 30 stories high, 1 hotel and 2 apartment buildings. The project constructed By Beijing Fenghong Real Estate Co., Ltd and located between the 3rd and 4th city highway rings.Near the project within few minutes drive, you can find embassies, shopping centers and other 5 star hotels.
Hotel service apartment- will provide service as 4 star hotels for short stay guests and will be managed by Jian Guo Hotel Management, which has 22 years hotel management experience and gold medal reward for best management company in year’s 1998. The property does not include the furniture and it will be provided by the management company. The owner of the property can use unit in the hotel 7 days a year upon reservation. Package investment deal: - 10 years rent agreement with the management for 7% net return. 7 days a year of use the unit in the hotel for free. Not include the furniture but include maintenance.
The executive apartment will managed by Beijing Century 21 and will serve the foreign community with property size between 90-140m2. The cost includes furniture and appliances and all service included without management fees. Package investment deal: - 5 years rent agreement with the management for 7% net return. Furniture and maintenance included. 1 year rent return deposit as guaranty with law firm and 3- month advance rent return payments start December 1st 2006.
Beijing becomes investment focus in China, the 2008 Olympic, the quick development of the city, comparable low price and the long term guarantied (by law firm) rent return with the growing Chinese economic market and future expectation for Chinese currency appreciation make this project good and safe long term investment opportunities today in Beijing real estate market.
Payments and procedures:
1. Reservation of unit and 30% down payment within 21 days after reservation
2. After signing presales contract (November 1st 2006) paying 70% + 5% estimated tax and fees
3. 2% discount for multiple buyers and 100% upfront payment
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