Basobaas

Apartment for Sale at Lakeside, Pokhara: A Luxurious Apartment; 1 BHK // 2 BHK // 3 BHK 

Introduction

Atithi Suites is a luxurious timeless apartment that is a work in progress in street no- 23, Lakeside, Pokhara.
It offers the opportunity to own a piece of paradise. Located at Lakeside Pokhara between Green Hill and the Fewa Lake. This exclusive, High-end residential development, consisting of 49 luxury apartments enjoys a panoramic view of Fewa Lake and Green Hill in proximity. Spectacular lake view on three sides and a virgin hill view on the north side for exploring hiking trails or morning/evening walks.

Background of Atithi Group.

Atithi group is not a new name in the hospitality and real estate industry. It has been engaged in real estate for more than 20+ years all over Nepal and has hospitality/service experience for more than 15+ years owning multiple resorts and restaurants in Pokhara. As a service apartment have an element of both the hospitality & real estate sector in which the Atithi group have expertise. So they found it perfect to introduce the concept of a Service Apartment here in Nepal which has been followed by various tourist destination countries like Dubai, Thailand, the Maldives, the USA, etc.
 

- Options Available:-
1. Regular Buy (For self-purpose)
2. Purchase & Leaseback. (For Investment Purposes)

Apartment Details

Location:-Street No.23 Lakeside, Pokhara
Developed By:-Atithi Group
Design & Archi. By :- Design Cell
Construction By:-Spark Construction
Land Area:-5 ropani
Apartments :- 49 units

Available Units:- 18 Units
Apartment Floors:- G+8
Project Status:-Civil work completed Working on finishing work.
Apartments Types:- 1 BHK 2 BHK 3 BHK &Penthouse.
 

Why invest in Atithi Suites/Purchase and Leaseback model of Atithi Suites?
 

- Purchase & Leaseback Model (Investment model)

It is a 10yrs contract between the buyer and service operator where the \\\\\\\\\\\\\\\\Lalpurja\\\\\\\\\\\\\\\\ will be given to the buyer and after that he/she will give the apartment for lease to the operator and the operator will operate it as a 5-star level hotel and generate revenue after that the owner will receive 60% of the net sales revenue on a pro-rata revenue distribution basis whereby the remaining 40% is utilized to cover the cost of operation, common area management expenses & operator’s expenses. This makes your apartment care and maintenance-free as we take care of your apartment when you are away.

- Advantages or benefits of this model:-

• Investment friendly.
• Earn passive income on annual basis.
• Get to enjoy a 1-month complimentary stay in your apartment when you are in Pokhara.
• Maintenance-free/carefree.
• You don’t have to pay community expenses and any other expenses.
• The contract is for 10yrs and after that, you can renew or cancel the contract.
• New in the market have no competitors and have huge growth potential in the tourism city of Pokhara.
• Well-established marketing and tourism channels and connections.
• High-value app. due to less supply and high demand.

How is Revenue Distributed?

The revenue will be distributed annually on a pro-rata basis i.e according to your investment higher investment higher returns. While revenue distribution doesn't matter if your apartment is occupied or vacant revenue made from all the apartments will be kept in one basket and then the revenue is distributed on a pro-rata basis. This method will help to eliminate business and promote marketing and referrals from the owners. All the transactions will be transparent and the buyer will have access to the software from where he/she will be able to examine the reports and transactions.
Atithi Group is well experienced in the hospitality and service sector you can expect higher occupancy rates and income from your investment.
 

- Amenities of Apartments.

• High-end fully furnished and ready-to-move apartments.
• Luxury, safety & most sought-after location in the city.
• Nepal's biggest roof-top infinity swimming pool and bar.
• Centralized smart gas pipeline system for the kitchen.
• Wrap-private balcony with Phewa lake & jungle view.
• Investment-friendly project.
• In-house grocery, conference hall, and fine dining restaurant.
• 24 hrs housekeeping and maintenance service.
• Gym and health club, spa & community area, temple area.
• Spacious and adequate basement parking.

Available Unit Details :-

For more information contact: Atithi Suites @ 9802347268 / 9801038835