Hotel and restaurant complex

Project summary

To complete the reconstruction, completion and arrangement of the hotel requires an investment in the amount of $ 420 thousand. The private owner (individual) sells to the investor 60% of the property: a plot of land with an area of 0.31 hectares. (Purpose - for retail trade and commercial services) and real estate - motel, with a total area of 1520.4 square meters. m., located at: Khmelnytsky region, Khmelnytsky district, village Pirogivtsi, street Central, 35 A (thirty-five letters A), total value of $ 350 thousand (60% - $ 210 thousand) The sequence of development of investments to complete the reconstruction and commissioning of the hotel. $ 420,000 - 100% 1 month - 10% external communications. 2 month - 10% fencing and landscaping 3 month - 10% completion of the building 4 month - 10% internal communications 5 month - 10% interior decoration 6 month - 10% basement decoration 7 month - 10% installation of equipment 8 month - 10% furniture complete 9 months - 10% reserve 10 months – 10% recruitment and preparation for services 11 month - start. Upon completion of the reconstruction, the cost of the hotel will be - $ 770 thousand. For reference: Investment in the hotel business is a relatively new and growing real trend of real estate investment. The purchase of hotel rooms by private investors is the most common model for investment strategy in the hotel business, where the investor returns the invested capital from the current accommodation in his particular room (room), with or without personal rights of use. Hotel rooms can be transferred to the management of a reputable company engaged in the hotel business, which with relatively low investment is an option for a respectable return and potential capital gains in the medium and long term. Return on investment in commercial facilities is 5-7 years. Investments in residential real estate pay off in 10-12 years.