|Search Results - 3 properties found ( Displaying 1 to 3 )
MARRAKECH - Morocco
HOTEL RENOVATION PROJECT -CITY CENTRE, MARRAKECH, MOROCCO
10.55M TOTAL PROJECT COST
= ACQUISITION PRICE + TRANSACTION COSTS + RENOVATION - REFURBISHING
= 5.55M EUROS CAPITAL EMPLOYED + 5M EUROS BANK FINANCE
Purchase Price: 6.35M
Transaction Fees: 637K
Refurbishment Cost: 3.56M
Total Project Cost: 10.55M Rooms: 198
Grading: 3-star Premium / 4-star
Purchase Cost Per room: 32,000
Completed Cost Per room: 53,000
Prominent city centre location in Marrakech on the main road to Casablanca
Current land valuation for the site of approximately 10M to 12M euros
Price agreed with bank and payment structure agreed in stages over 9-month period
Offer in principle for drawdown loan facility, with up to 5M euros over 10 years at 5.5%
Management offers obtained from both Wyndham (Ramada Encore) and Hilton Garden
1 year turnaround time for full hotel renovation and refurbishment, reopening Jan 2019
Target exit value for hotel forecast at 15M after 5 years and 18M after 10 years
3 year investment: 22.80% annualised ROI
6 year investment: 30.72% annualised ROI
12 year investment: 35.89% annualised ROI
PRICE: 10 550 000
|2.000.000 €||Hotels / gites|
MIRLEFT - South AGADIR - MOROCCO - Morocco
HOTEL - MOTEL OVERLOOKING THE ATLANTIC.
The position is simply perfect with uninterrupted views of the coastline and beaches.
The complex was built 10 years ago on 2 hectares of landscaped gardens.
Main reception building with its bar and restaurant for 60 covers + terrace overlooking the ocean.
A separate building has 10 double bedrooms of 24m2 with private terrace, 10 studios of 36m2 with terraces.
Owners house with 3 double bedrooms - total 170m2.
Swimming pool, staff cottages, all in perfect condition throughout.
PRICE: 2M (reference: LMARGTBM)
Between MIRLEFT and AGLOU - South AGADIR - Morocco
BETWEEN MIRLEFT AND AGLOU
Wonderful building land of 9 hectares with full title, 350m from the ocean, with its dunes and its beach of fine sand.
PRICE: 350,00 Dhs ( 35 )per mē (reference: LMARG001)