Heritage Boutique Hotel
OVERVIEW
Opportunity to build an upscale boutique hotel designed to reflect the heritage of Al Ghat by immersing visitors into the local culture
Opportunity Highlights
- To build a heritage hotel up to 30 keys
- Construction cost 12,295 SAR / sqm
- IRR : 7.5
- Cap rate: 7.0
- Payback period: > 10 years
- Location: Riyadh city
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