CYPRUS- LEFKE APART HOTEL & STUDENT COMPLEX - SALE - Business Opportunity / Portfolio Details - globalnetworkbusiness.com [Global Business Platform]

Business Opportunity / Portfolio Details

CYPRUS- LEFKE APART HOTEL & STUDENT COMPLEX - SALE

Ref: G0017

Location: TRNC

Sector: Real Estate

Opportunity Type: Real Estate Development & Sales

PROJECT SUBJECT:
Investment Topics:

North Cyprus has become an "open-air campus" with around 20 universities. With about 160,000 students from around 160 countries and about 30% of the population with university students, the country has become a country. In this respect, accommodation for university students is one of the most important needs.
This investment opportunity (in the form of an apart hotel and dormitory), which we have included in the portfolio with a conspicuous contract, is 5 minutes to LEFKE European University in Lefke region. Walking "mountain-sea view.
The Lefke region is a rapidly growing region in the "university sector, tourism and secondary housing market". Lefke European University is a rapidly growing university in recent years with about 12,000 students. Our property can be used as an apart-hotel for both domestic and tourist purposes.

PROJECT DATA:
Building Data:
• 2275m2 closed area
• 3 floors and 2 acres of Turkish land.
• 2 warehouses
• 2 study rooms
• 2 guest rooms (for students' families)

Rent income (for residential use)

   4 different room options:
      48 pieces 1 + 0 = 9000 = 432,000 tl
      12 units 1 + 1 single = 11,000 = 132,000 tl
        9 units 1 + 1 2 people = 14,000 = 126,000 TL
        6 units 2 + 1 2 persons = 16,000 = 96000 tl
                                  Total annual income 789,000 TL (185,000 USD)
                                                                                                                                              Usd: 4.25
Credits:
There is a bank loan with a maturity of 1,070,000 USD and a maturity of 5 years.

NEED & PROPOSAL:
OWNER REQUEST:

SALE PRICE: 1,800,000 USD

Investment Recommendation

• The company's loan can be taken over from the bank (or even with some prepayment)
• The 700,000 USD amount requested by the owner can be taken over by deferred payment (guaranteed) or by paying in advance (there may be little discount).
• The annual rental income (for residential purposes) is around RMB 185,000 USD, and the RENT HOPPER is "10". Both average of Cyprus, and Turkey (17-20 percent), much discounted below the average trade is a real estate investment. In our opinion, it is attractive for investment.
•

BENEFIT & SHARING:
Commission and Sharing

5% commission will be charged on transfer fee according to my contract. The Commission will be shared equally with our partner who finds the investor.

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