Land Sale With Hotel Concept
Opportunity for land acquisition for hotel development with an operator plus minimum Gross Operating Profit (GOP) Guarantee provided over a 10 year or more period which will support in financing the opportunity and reflect an attractive guaranteed yield.
Ideal for developers new to hospitality or developers already in hospitality.
Our Role
- Provide land plot suitable for development depending on investor’s requirements.
- Agree with investor on development rights including land uses and Gross Floor Area (GFA).
- Approve design for the subject development.
- Offer a flexible payment plan in negotiation with the investor.
- Agree with investor on hand over date and completion date of the development.
Investor Role
- Provide documents to support creditworthiness.
- Agree with Marjan on commercial terms for the subject land plot.
- Agree with Marjan on a completion date of the project.
- Obtain the necessary approvals from the relevant authorities to develop the project.
- Organize financing.
- Obtain the necessary approvals from the relevant authorities to develop the project.
Expected Returns
21%
Equity IRR for
3-star hotel
20%
28%
Equity IRR for
5-star hotel
Development Size
55
Million USD
Development
Budget for 3-star
hotel (excl. land)
40
Million USD
Development
Budget for 4-star
hotel (excl. land)
100
Million USD
Development
Budget for 5-star
hotel (excl. land)