The St. Petersburg developer-the Orange Group group of companies, which has already proven itself in Russia by the rapid construction of high-quality apartments, is putting on sale the first units of the apart-hotel complex in Dubai. The name of the complex is IZZZI LIFE Mint.

The period between the sale and the launch of the complex is small – by May it is already planned to complete the renovation of the building and open room reservations.
Following its concept of investment and management, the company offers its own management (IZZZI brand), which is aimed at the conceptual development of the space, revealing the features of a specific location. "Now we are creating a qualitatively new design project, fully furnished and equipped apartments, we are organizing a public space inside the complex to create a full-fledged community, and not just a complex with scattered tenants," comments Dmitry Stepanov, President of the Orange Group Group.

The complex is focused more on solving business problems of tenants, conceptually presented as a "Community". It plans medium-term rental accommodation, without children, but with animals. A coworking area, a swimming pool, a gym, comfortably furnished public areas, even a shared laundry room are planned. On the roof there is a recreation area with an outdoor cinema and barbecue. A separate parking lot is offered by the investor as a bonus when buying a unit.
The entry threshold when buying an apartment starts from 110-120 thousand dollars per apartment (about 8 million rubles). But these are literally several units. Next, a pool of a dozen lots of 120-150 thousand dollars is offered. The maximum room area is 150 sq. m
. Traditionally, the company acts as a guarantor of profitability for its investors – at least 5% per annum in USD.

The complex of apart—hotels is located in the JVC area and has a high investment potential in comparison with the already overheated coastal areas. "As for the increase in profit on the building from the management of our management company, the rental growth potential," Dmitry Stepanov added, "it is expected to be about 30% within 2 years. Accordingly, the projected annual growth in the area of JVC, where our facility is located, is about 8-9% per year."


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