Rental yield prospects of Zameen Opal revealed

Lahore: Zameen Opal is projected to generate 7% annual rental yield. This observation is supported by the fact that the average rental yield of apartments in Lahore, as of December 2020, was 7% – while that for houses was 4.25%. Further, the demand (search volume) for apartments in Lahore increased by 127% between 2018 and 2020. The average price per square foot for apartments was also seen to increase by 50% while that for houses inched up by 19% during the said duration.

Read: Zameen Developments flagship project Zameen Opal sets new benchmarks in construction industry

Local property agents are already hailing the investment potential of Zameen Opal. The flagship project of Zameen Developments is predicted to generate capital gains up to 60% within the next two years. Multiple market sources whom Zameen News has spoken to are all of the view that Zameen Opal is a ‘can’t-miss purchase offer’.

The prime location of Zameen Opal accounts for another reason behind the project’s existing, overwhelming demand seen among both genuine buyers and investors. The building is situated within the Land Breeze Housing Society on Main Raiwind Road; lying in close proximity to major city developments such as Safari Park, Shaukat Khanum Memorial Cancer Hospital & Research Centre, Expo Centre, Lahore Ring Road, Johar Town, Allama Iqbal International Airport, and M-2 Motorway.

Read: What does Zameen Opal’s registration with FBR mean for investors?

The studio, 1-, 2-, and 3-bed residential apartments and 4-bed split-level penthouses in Zameen Opal come equipped with multiple parking spaces, laundry services, doorstep grocery delivery, options to hire drivers/cars, availability of cargo and service elevators, solar-powered electricity backup, clubhouse, kids’ play area, gymnasium, valet parking, mini cinema, swimming pool, and rooftop garden.

How to book a unit in Zameen Opal?

For online booking arrangements, please fill out the form; appearing on the right side of the screen (for desktop users). Mobile users will find the said document at the bottom of this piece.