With the Buy-back Option
Property prices are predicted to increase significantly over the next few years. The 12 month developer buy-back option allows Medview to repurchase rooms at a fixed price which provides an exit at 25% profit to the investor. This option also will assist in selling the complete hotel to an operator.
Without the Buy-back Option
The turnkey nature of this property provides a unique onward selling point in the current competitive market, and is perfect for buyers looking for a simple, stress free solution to property investment. Based on the growing demand for flexible hotel room living in North Cyprus, and strong predictions for population growth and tourism, there is an expanding local and international market for turn-key hotel room opportunities.
Investment strategy overview
Investors should look to secure the room at its discounted off plan purchase price but with the benefit of the hotel structure completed and your room already worth significantly more than the initial deposit. Once the hotel is operational, your ‘income producing asset’ has the potential to offer significant capital gains in addition to a high yielding regular monthly income. The strategy is to buy, gain from capital growth during the completion of the hotel, then to hold and benefit from the anticipated 25% rental return.
The ‘hotel room’ concept has made a great many people a great deal of money in the Far East and America over the past 10 years. This is the first of its kind in Northern Cyprus, and thus offers the greatest potential.