Generally, the main concept of Alliance Group projects is that they are designed for rental. When it comes to the management of the apartment, from the total revenue generated by rental, the company share will be 40%, and the owner's share - 60%. The share of management company will cover all the costs related to rental (cleaning, bills, marketing, etc.). So 60% is the owner's net profit.
The investment payback period is approx. 8-10 years. For a studio-type apartment, the expected price per night is $85 (annual average), while the expected average occupancy rate is 62%. After deducting the expenses (the share of the management), the pure profit of the apartment owner equals $10,000 - $ 11,000 on average.
Please, note, that these numbers are not fixed/guaranteed, however, they are based on the market research, conducted by the international management company that will run the whole process and they are quite realistic, taking into account the huge experience of the management company, hotel facilities, as well as an exquisite location of the project itself.