Central Park – Plaza

The private developer Meraas presents to its clients the unique Plaza residential complex, which structurally consists of two skyscrapers. This residential complex has a favorable location, as it was built in the City Walk area, where modern art thrives. The apartments are located not far from the popular Coca-Cola Arena stadium and represent the final stage in the creation of Central Park.

Investors have a choice of 212 residences, which differ in the number of rooms and area:

• Various apartments with 1 to 4 rooms;
• 6 townhouses designed for 4 rooms, with their own access to the park area;
• 4 penthouses with up to 5 rooms.

The area of these apartments varies within the range of 81-877 m².

All apartments have the following list of current advantages: a fully open kitchen, large balconies with excellent views, panoramic sliding windows, and spacious built-in wardrobes. In addition to the open kitchen, future penthouse owners are offered their own pool, located on the terrace (on the roof), as well as a glass elevator. All apartments with 3-5 rooms are additionally equipped with separate quarters for the residence of service personnel.

The completion of the construction is planned for the third quarter of 2027. At the moment, buyers can take advantage of a favorable payment scheme – 70/30. The initial down payment is 20%, and then 50%: this amount should be paid before the completion of the construction. The remaining 30% is paid after the commissioning of the residential complex.

However, even today, the relatively high investment potential of all apartments in the Plaza residential complex is noted. According to statistics, the average return on investment for one-bedroom apartments in this area is 8.7%. At the same time, there is an active growth in annual rent: in 2023, the price increased from $41,000 to $43,000. For this reason, such apartments are often purchased with the aim of obtaining a stable passive income throughout the year.

By investing in the Plaza residential complex, future owners have the opportunity to obtain a Golden Visa,” the validity of which reaches up to 10 years. This visa also applies to all the owner’s children, spouse, and service personnel.”