Search Results - 3 properties found ( Displaying 1 to 3 )
  10.550.000 € Projects  

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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

PROJECT SUMMARY
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

INVESTMENT HIGHLIGHTS
• 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

PROFITABILITY FORECAST
• 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€
 (reference: LMAFQ01)

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  2.000.000 € Hotels / gites  

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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)

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  35 € Project  

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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)

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