BRAND-NEW 4-STAR HOTEL APARTMENT IN BURDUBAI FOR LEASE

  • AED4,000,000
  • AED16,000,000
Featured
Featured
BRAND-NEW 4-STAR HOTEL APARTMENT IN BURDUBAI FOR LEASE
  • AED4,000,000
  • AED16,000,000

Description

This 4-Star hotel apartment is located in one of the prime areas in Burdubai. The current owner leased a shell and core building and transformed it into a luxurious hotel with high-end amenities. This hotel has quickly earned a solid reputation, with high occupancy rates year-round. What’s truly remarkable is that the investor will break even in just four years, enjoying a solid 25% Return on Investment. More than a hotel; it’s a story of transformation, success, and a fantastic return on investment.

FINANCIALS: Average room rent:


During peak seasons:
Studio: 500-800 AED/day
1 BR: 650-950 AED/day
2 BR: 1400 AED/day

During off-seasons:
Studio: 300 AED/day
1 BR: 500 AED/day
2 BR: 750-950 AED/day

Revenue: 11.75 Million AED
Net profit: 4 Million AED
LEASE IS EXTENDABLE AFTER 15 YEARS
Lease period is for 15 years, now 1 year completed, 14 years remaining (can be renewed)

Details

Updated on March 7, 2024 at 7:38 am
  • Price: AED4,000,000
  • Property Type: Hotels

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AED346.20
Monthly
  • Down Payment AED0.60
  • Loan Amount AED3.40
  • Monthly Mortgage Payment AED0.03
  • Property Tax AED10.00
  • Home Insurance AED83.33
  • PMI AED2.83
  • Monthly HOA Fees AED250.00
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