|Search Results - 9 properties found ( Displaying 1 to 9 )
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
MALAGA - Spain
15 MINS FROM MALAGA AIRPORT - MALAGA -RETIREMENT VILLAGE INVESTMENT OPPORTUNITY
SPECIFICATIONS: A HOLIDAY COMPLEX ON 200,000M2 OF LAND.
10,000m2 of buildings.
15 mins Malaga airport. 15 mins the coast. 5 mins golf course.
A total of 324 assisted-living apartments of which 119 are vacant for sale.
The complex for sale consists of 119 apartments of various sizes with approximately 10,000 m2 built, 2 bungalows, 163 garages, 190 boxes, 143 outside parking spaces and 18 commercial units.
Public area including reception, offices, restaurants, cafeteria, free buffet lounge, spa, gym, heated indoor pool, theatre, kitchens, shopping store, meeting and convention rooms, mini cinema and clinic. Also includes a field of football of natural grass located in a plot of 45,000 m2.
- The apartments are 1, 2 and 3 bedrooms with excellent furnishings.
PRICE: Was 22,000,000.00 NOW 8,000,000.00
SPLIT - CROATIA - Other Countries
PROJECT TO DEVELOP A LUXURY APARTMENT BUILDING WITH SEA VIEWS IN SPLIT - CROATIA.
The proposal is to completely redevelop the existing site by demolishing all existing structures and construct the six storey exclusive apartment block comprising the 560m2 underground garage with 24 car parking spaces, ground, first, second and third floor apartments as well as the single penthouse.
All together 12 apartments with the total Net Saleable area of 1,050 m2 with the following accommodation
2 x 90m2 apartments
1 x 50m2 apartment
2 x 120m2 apartments
1 x 120m2 apartment
TOTAL INVESTMENT / DEVELOPMENT COST 2.7M
RESALE or RENTAL. (reference: LBP002)
CAVTAT - CROATIA - Europe
INVESTMENT OPPORTUNITY IN CROATIA.
The tourism in Croatia is booming and there is a shortage of accommodation at all levels.
This project comprises the development of nine detached luxury villas with individual swimming pools and private car parking areas accessible from the internal private road.
The accommodation is laid out over two floors with four bedrooms with en suite bathrooms/showers at the first floor and large open living areas at the ground floor.
Total internal area is approximately 200 m2 per villa. Investment total of 4M - for rental or re-sale.
Full details available.
Project supervision and marketing available via established company.
Several selected investment opportunities available in Croatia.
PRICE: 4 000 000 (reference: LBP001)
MURCIA - VERA - Spain
INVESTMENT OPPORTUNITY MURCIA SPAIN. RSPKH001
APARTHOTEL IDEAL FOR AN OVER 55'S RETIREMENT RETREAT
This complex is situated close to the beach and is a small beach side resort on the coast, away from the tourist areas, between Garrucha and Aguilas in the Almeria province and minutes from Los Lobos just off the AP70 motorway. It is idealy situated aproximately 1Hr 15mins from both Almeria airport and Murcia airport, 2hrs from Alicante airport and 3hrs to Malaga airport.
This luxurious and very quiet apartment hotel was built in 2003 and has a total of 28 X 2 bedroom apartments spread over 3 floors. Among the facilities and services offered at present is reception area, air conditioning, 2 lifts, cafeteria, bar/restaurant, laundry, parking and garage. Gross Floor Area:3,500.00m² - Total Build:3,250m²
It would make for good investment as it is especially suited to the active over 50's who may wish to consider a place that can offer a peaceful retirement environment away from the husle and busle and tourist areas of the more well known resorts yet one thats within minutes of expanding villages that have all you could possibly need and also to be with like minded people, or use it as a wellness centre.
The apartments are 62-65M2 and have 2 bedrooms, a living / dining room, a kitchen with refrigerator, microwave, coffee /tea making facilities, washing machine, a bathroom with tub and hairdryer, cable / satellite TV, double bedroom, single bedroom, ironing set, air conditioning and heating, a sitting area and balcony or terrace. All apartments have sea views.
The apartment hotel features an outdoor swimming pool as well as a terrace for sunbathing, and it is possible to include an indoor swimming pool and lots more amenities and facilities within the resort. Nearby, in the town of Villaricos, there is a diving center. Golf enthusiasts can enjoy the golf courses of Valle del Este, Vera and Marina in Mojacar.
The price: Was 3,500,000 - NOW 2,750,000
VINAROS - CASTELLON - Spain
GOLF COURSE DEVELOPMENT LUXURY HOMES SUITABLE AS HOLIDAY/RESIDENTIAL ACCOMMODATION: VINAROS, SPAIN
This is a fantastic opportunity to acquire the development at a third of the bank debt.
Luxury Homes -Suitable For Resale, An Apart-hotel Or Retirement Holiday Village.
Ready for occupation with separate deeds for each individual property, the resort is just a 15 20 min drive to the sea.
This development of 214 properties is located on a well known golf course.
The developer was declared bankrupt and the property repossessed. The properties are a mixture of 174 Apartments -31 Duplex Homes and 9 Villas.
Gross Floor Area: 38,000.00m² - Total Build: 21,500m².
The development was constructed in 2008 and has been running as a resort with half of the complex being used. It was closed 18 months ago as the developer has been going through the bankruptcy process and the property is presently in the hands of the administrators.
This is a fantastic opportunity to acquire the development at a third of the bank debt.
As all the properties have separate deeds, the development could be broken up and sold as individual units giving a projected return of between 25 & 30 million.
The sale of half the asset alone could return all the initial outlay and still give one a healthy living or big return on the rest of the investment. The asset therefore is a great investment from the start.
The resort is just a 15 20 min drive to the sea.
174 large apartments with 2 & 3 bedrooms, all with minimum of 2 bathrooms.
31 duplexes consisting of 3 bedrooms, 3 bathrooms and 1wc, all have large gardens and views over the swimming pools.
9 detached villas with 3 bedrooms, 3 bathrooms, parking and roof solariums.
All properties have garages.
Pools, tennis courts, and adjacent sports facilities.
Plot of 38,000 m².
Appraised breakup value by selling off the individual units 25 to 30 million.
Also suitable for hotel, serviced apartment complex investor, or retirement home operator.
Price: Was 25,000,000 - NOW 10,000,000
MONTPELLIER - South West
GOLF LEISURE TOURIST RESIDENTIAL PROJECT LANGUEDOC SOUTHERN FRANCE.
A SITE OF OVER 120 HECTARES 300 ACRES OF SOUTH FACING LAND, INCLUDING VINES, WOODLAND AND A NATURAL SPRING.
OUTLINE PLANNING IS DUE IN 2017 TO INCLUDE: 18 HOLE GOLF COURSE, HOTEL, RESIDENTIAL VILLAS, RETIREMENT VILLAGE AND RESIDENTIAL CHALET PARK.
A PROJECT OF THIS SIZE WILL BE IN SEVERAL PHASES, IE. A 9 HOLE GOLF, HOTEL & CHALET PARK as PHASE 1, WITH ONGOING SALES FOR INDIVIDUAL RESIDENTIAL HOMES.
THE LOCAL AUTHORITIES ARE KEEN TO ASSIST IN THE LAUNCHING OF THE DEVELOPMENT AND LAND COSTS WILL BE EXTREMELY ATTRACTIVE TO OFFSET THE GOLF INVESTMENT.
ALL ENQUIRIES VIA LEISURE & LAND.
ALGARVE - PORTUGAL - Other Countries
BUILDING LAND IN THE ALGARVE.
A SITE OF OVER 6000m2 SITUATED IN A COASTAL VILLAGE IN THE ALGARVE ONLY 5 mins FROM LAGOS AIRPORT.
SUITABLE FOR APARTMENTS . PRICE 1.1M
BRITTANY - North West
GOLF COURSE WITH DEVELOPMENT PROJECT.
Situated in BRITTANY, the site totalling over 80 hectares is situated in an attractive valley and borders a river. The existing 9 hole golf course is to be extended to 18 holes in the project. A club house, bar and 2 cottages are on the site. The project consists of creating 9 villages a total of approx. 400 apartments and town houses with an average living area of 80.m2. Designed on traditional local style with slate roofs. Architects plans available on site.
Full planning permission has been granted (June 2008) and the project is sold with all freeholds and permissions.