Boutique Hotel In Umalas With Great Investment Potential

Specification

Description

This boutique hotel in the sought-after area of Umalas offers a unique investment opportunity on a 1,000 m2 plot with a spacious 920 m2 building. Built in 2014 and held under FREEHOLD ownership (SHM), the hotel is designed to cater to guests seeking comfort and convenience with its 20 well-appointed rooms, restaurant, reception, and fully equipped kitchen. The hotel also includes staff quarters, a parking lot with space for seven cars, and reliable electricity provided by PLN with an additional generator for backup. Currently, the hotel boasts a strong performance with a 90% occupancy rate, generating an impressive annual room rental income of $204,000 at a rate of $495 per month per room. With an expected full payback period of 6.3 years. A planned renovation could raise the room rate to $1,000 per month, significantly enhancing profitability. Beyond the room rentals, there is additional untapped revenue potential from the restaurant and lounge bar located on the third floor. PRICE : USD 1.400.000