The difference between an apartment and an investment apartment?

Are you seeking for an apartment in Sri Lanka or an investment apartment in Sri Lanka? and now I must have confused you further. Yes, if you are hearing for the first time I know they don’t make much of a difference because either way you are making an investment. But in reality, there is difference I hope this write up will help you differentiate the two. In Sri Lanka Apartments are now quite common and an investment you make on an apartment can be for your personal use or even to rent out. Once you buy an apartment most oftentimes you are responsible to bare the maintenance costs, monthly association fees etc. and these are in addition to standard property taxes, property insurance, and upkeep or management fees for the rental property. However, investment apartments are quite different. One and only classic example for investment apartments is Dusit Thani Sri Lanka. They encourage foreign investors to invest on the property and operates as a getaway property in the southern coast of Sri Lanka. They offer beachfront luxury apartments that foreigners can legally buy or invest in. The investors are guaranteed to receive a 6% return per annum for a period of 5years along with a freehold title and the payments will be done quarterly in USD. In addition, the owners are given a free 21 night stay so that they enjoy the investments they’ve made whilst enjoying the returns. One of the key differences is that investment properties are directly managed by a property management and the ROI is agreed beforehand you have other benefits as well. Investment properties today is a major source of a passive income in and around world.