Jeddah Hotels for Sale Real Estate & Property Listings, Free Jeddah Hotels for Sale Website, Jeddah, Makkah, Saudi Arabia Hotels for Sale

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A Brand New Hotel With View Of The Red Sea In Jeddah (MD103690) - Property in Jeddah - *** Saudi Arabia Real Estate, Makkah Real Estate, Jeddah Real Estate: Hotels for Sale An iconic structure on Jeddah's prestigious North corniche. A hotel with all-suites/all-apartments concepts. The hotel occupies the Northern Tower of the Building, with its own parking, entrance, back office, laundry, restraunts and meeting rooms. - Income projection and feasibility study are available at HARTT Hotel Consulting. 80% of rooms are ready for outfitting, while other 20% will be handed over in few months. - Financial indicators based on (175) units are: Initial Occupancy Rate:57%, Stabilization Occupancy Rate:75%, Weighted average room rate for Y1:US$133, Expected GOP is 56%, I... *** Price: 42,000,000 USD