Hotel under a famous brand in Larnaca Project №37576
DOM offers you a unique investment opportunity to become a co-owner of a hotel under the brand name of the most famous brand Radisson!
You can purchase the entire hotel for 75,000,000 million euros, with an estimated annual income of 7%, or become a co-investor with a minimum investment amount of 1,000,000 million euros.
A completely renovated, luxury 202-room resort located right on the impressive, award-winning sandy beach, the beach is awarded the highest award - the Blue Flag. The hotel is located in the heart of the tourist area of Larnaca, a few kilometers from the charming and cosmopolitan city center.
The hotel is suitable for both a family holiday and an ideal vacation for a couple in love.
The hotel's excellent location provides easy access to the motorway, making it an ideal starting point for exploring the entire island. The hotel has been operating for the last 30 years before the complete restoration, and over the past five years it has shown an average of 92% occupancy during the year.
The main investment conditions are as follows:
- Preferred convertible shares have a lock-in period of 3 years and have a guaranteed return of 3% (expected 7%) net for 3 years, and redeemable preferred shares have a lock-in period of 5 years and have a guaranteed return of 1% (expected 7%) net for 5 years.
The launch of the hotel is September 2021, at the moment the final finishing works are underway in the building and the placement of furniture and appliances begins.
Our company is authorized to deal with the sale of the hotel and upon request, we will provide you with an assessment of the hotel and economic calculations on income from KPMG, as well as you will get acquainted with the investment agreements to coordinate the transaction with your lawyers.
