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5 Star Hotel and Resort Dead Sea

Country: Jordan Jordan
City: Amman
Location: Beach
Category: 5 stars
Hotel type: Resort Hotel
Transaction Type: 100% Asset Sale
Target Areas: Worldwide

Hospitality Review / Short Description:

Presenting an expansive land expanse of 55.343m² in the prestigious Dead Sea region, designated to present a remarkable chance for investors to shape their vision and create a signature establishment within the thriving wellness and tourism sectors such as a luxury 5 stars hotel, wellness resort, holistic haven, and adventure retreat, or even a medical tourism resort or crafting the business model to align with the investor vision.

This strategic initiative is meticulously tailored to cater to the demands of international, regional, and domestic visitors, offering a superlative luxury resort encounter. Leveraging the Dead Sea`s unique attributes as a focal point of international and domestic tourism.
Highlights: Expected investment size: USD 60-90 million - Expected IRR = 9-11 % - Pay-back period: 7-9 years (figures should be based on be further analysed and customised based on the details of business model, project, market conditions and other relevant factors).
The land plot is positioned within the convention centre district of the Dead Sea area. This strategic site is a hub for several renowned 5-star hotels, villas, apartments, residences, and holiday clubs. The plot is situated along the beach, 60 Km from the capital Amman and 35 Km from Madaba and of 230 Km from the Red Sea's port city, Aqaba.

Seafront: 207 m, total area of project: 61.235 m², total existing build-up area: 45.000 m².

This project is a unique option for developers, investors, and international hotel companies to acquire for an attractive price the existing built-up area with 45.000 m². The investor can keep/alter the remaining architectural designs and complete the project, manage, and operate the facility according to its visions and experience. CBA and the owner (International Bank) will support the investor with the financing, if required. CBA would be able to support the investor to acquire international hotel management companies and to assist with our special hotel development-know.

Further highlights:
5% corporate income tax rate
Exemption from sales tax
Exemption from custom duties
100 % foreign ownership
Streamlined registration and licensing procedures (!)

Hotel Details

Hotel Plot size in m²: 55.343
Hotel Plot size in sq. ft: 595.707
Hotel Floor space in m²: 61.235
Hotel Floor space in sq. ft: 659.127
Floors: 7
Bedrooms: 383
Total rooms: 383
No of Total Rooms available/year: 139.795

Amenities / Facilities

Restaurant(s): 3
Bar(s): 2
Wellness Centre: 1
Gym: 1
Outdoor Pool: 1

Financials

Asking Price: EUR 23.855.000
Price Per Room: EUR 62.285
5 Star Hotel and Resort  Dead Sea
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