City Centre Aparthotel with 10% pa guaranteed rental income - Hotels for Sale, Real Estate - Number of Bedrooms: 1, Number of Bathrooms: 1 - Istambul, Istanbul, Turkey

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City Centre Aparthotel with 10% pa guaranteed rental income
Date & Time Listed: 2009-05-21 10:05:25 (GMT)

Posted in Categories: Real Estate, Hotels for Sale - Number of Bedrooms: 1, Number of Bathrooms: 1
Posted From: Turkey, Istanbul, Istambul

Ad Details:

• 36 Room Boutique Hotel
• Central Istanbul location
• 45% guaranteed developer finance available
• 10% per annum rent guarantee for 10 years
• £4500 per annum rental income
• HSBC backed rental guarantee
• Fully furnished
• Income opportunity from September 2009
• Freehold interest
• 14 days per annum personal usage
• Developer buy back guarantee with 5% per annum uplift
• Effective 15% return per annum guaranteed
• 5 star hotel operator

This is a unique investment opportunity to enter into a joint venture partnership with the hotel operator to own an apartment in The Gallery Hotel, Istanbul. This 36 suite boutique hotel is a recently restored period building in the heart of the city

The apart hotel investment is widely regarded as one of the strongest and most consistent of the property asset classes with occupancy rates in Istanbul currently running at around 85%, the hotel operator has issued and incredible 10% fixed income for 10 years. This is the ideal mid/long term income profit opportunity with guaranteed annual profit and a clear resale’s and exit strategy

Other Details:

Number of Bedrooms: 1
Number of Bathrooms: 1

Price: 40,000.00 GBP

Keywords:

Guaranteed rental income, Aparthotel, Hotel investment, Buy to let, investment property, Bank guarantee

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Posted in Categories: Real Estate, Hotels for Sale - Number of Bedrooms: 1, Number of Bathrooms: 1 Posted From: Turkey, Istanbul, Istambul

Posted in Categories: Real Estate, Hotels for Sale - Number of Bedrooms: 1, Number of Bathrooms: 1
Posted From: Turkey, Istanbul, Istambul