WestProp Holdings offers investment opportunity at Millennium Heights

WESTPROP Holdings is now accepting investment into its novel apartment hotel at Millennium Heights with investors expected to put in a minimum US$5000.

So far 58 percent of the fractional shares have been swapped since the launch last November.

Multiple investors can part own an apartment which would be leased out to clients as serviced apartment accommodation short term stay.

The company is now educating customers on advantages of having fractional shares in the apartment hotel.

Millennium Heights Block 5 will have amenities such as concierge services and exclusive recreational facilities for the occupants on the Block, such as swimming pool, kids play area, gym, to name but a few.

“In Zimbabwe, we have traditionally been accustomed to owning property outright. This approach (outright ownership) often requires significant upfront capital and can be a costly endeavour, especially for first time investors,” said WestProp CEO Ken Sharpe.

“That is where fractional ownership comes in. By pooling resources with like-minded investors, you can own a share of a luxury apartment hotel like Block 5 without breaking the bank,” he said.

The market is beginning to warm up to the idea with a sizeable number of customers having snapped up shares in the branded apartment hotel and appreciating the flexibility of fractional ownership which reduces risk and makes it more affordable.

“After the first year of operation as an aparthotel, investors can expect returns of at least 8 percent. However, as the property values increase and the hotel’s occupancy rates grow, so too will be the return on investment,” he said.

Sharpe says investors should take up the offer and prepare for their future and that of their children. This is a sure way into long term secure investment. With the guarantee on the returns, it is surely a game changer in the property space in Zimbabwe. This offer is the first of its kind in Zimbabwe, where one can have his/her cake and eat it too.

“Do not miss out on this opportunity to invest in Zimbabwe’s future and secure a share of the profits,” he said.

WestProp is concluding a deal with an international hotel brand currently not in Zimbabwe who has amassed enough experience in the marketing and managing of serviced apartment accommodations popularly known as Air BnBs.

Millennium Heights Block 5 will have amenities such as concierge services and exclusive recreational facilities for the occupants on the Block, such as swimming pool, kids play area, gym, to name but a few.