Hotel in Funchal

10,750,000 €

Room stock 47
Yield —
Constructed —
Price per key 228,723 €

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Key project parameters

Land area: 12,000 m²
Room stock: 47
Hotel rating: 4
Price per key: 228,723 €

Project description

Four star hotel in the suburbs of Funchal.

Description

The hotel complex includes 47 rooms:

45 double rooms
2 suites

The property has been completely renovated.

Equipment

swimming pool
olive garden
parking

Extra information

Garden

Car parks

Swimming pool

Tenants

Agreement: n/a

Operator free.

Transaction costs

The brokerage fee is 3%.

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Location and nearby infrastructure

The hotel is located 15 minutes drive from Funchal and 40 minutes from the airport. Public transport is just a 5-minute walk away.

Funchal is the main city and seaport of the island of Madeira, with a population of about 112,000 people. Funchal is the most important cultural, tourist and commercial center of the autonomous region.

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Diversify your portfolio - invest from $1 million in the construction of residential complexes in Dubai

annual yield: From 15-17%
investment exit horizon: 2–3 years
full support at every stage: Turnkey deal

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How we help investors

Analysing the needs

We use a methodology that enables us to formulate requests and find good deals in the market

Developing a strategy

We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment

Providing transaction support

We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account