3 – 4 Stars Hotel Development In Makkah
OVERVIEW
Opportunity for 3-star and 4-star hotel development in Makkah at a prime location in Masar, Makkah's largest development project
Opportunity Highlights
- Estimated Land value SAR 167 Mn
- Estimated Capex SAR 354 Mn
- Investment model options: Joint venture (all forms of JVs - project based, functional based and others)
- Opportunity IRR: 7.5%
- Equity contribution: 68%
- Financials available: Upon request
- Expected payback period: 11 Years
- Timeline: Q4 2021
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