Movenpick Hotel Residence Laguna Tower Dubai
Now that we have sold all the Movenpick units at the developer direct price, the only way to get in on this amazing opportunity is to buy on the re-sale market. We have one of the most desirable units available at a very reasonable premium.
Hotel Room for Sale
We have amazing deals on Re-Sale Property.
Prices and availability are changing daily, for a complete and updated list please add your contact details to our mailing list.
Pioneering Concept
Backed by IFA Hotels & Resorts' enviable track record in international property development and management, as well as their commitment to the highest ethical standards, the company is pleased to offer for sale freehold hotel residences in Laguna Tower, presenting international investors with an exciting opportunity to participate in Dubai's burgeoning hotel market.
IFA Hotels & Resorts has developed an innovative property investment vehicle that combines hotel ownership with a guaranteed return and strong capital growth potential - introducing Hotel Ownership by IFA Hotels & Resorts. The concept allows investors to buy a fully-furnished, 5-Star branded hotel residence, professionally-managed by the renowned Swiss hotel chain, Mövenpick Hotels & Resorts. This represents a new opportunity for mid-tier investors to participate in hotel ownership, which has previously been the exclusive domain of high net worth individuals and large corporations. Investing in hotels may be an attractive alternative for investors wishing to diversify their residential and commercial property portfolios. Hotel investments also act as a hedge against inflation, as hotel values tend to appreciate in line with average room rates, driven by hotel demand.
Understanding the concept
Branded hotel residences may be new to the Middle East, but 'condominium' or 'sectional' hotels are already a proven concept experiencing rapid growth in the US, the UK and South Africa. Essentially, private investors purchase freehold hotel residences as an investment, to benefit from the operating income and capital growth. An additional benefit is that the Owner is entitled to 30 days' complimentary use of their property during the year.
The Residence is branded and managed by Mövenpick, which covers the day-to-day administration, marketing, servicing and maintenance of the property.
Mövenpick is incentivised to maximize the room rate paid by guests to use the Residence as a regular hotel room. In turn, the Owner receives their share of the hotel's room revenue. Hotels room rates rise with inflation, hence the capital value of the property is expected to rise over the medium term.
Key investment considerations
There are several key considerations potential buyers of hotel residences need to consider as part of their investment decision:
Hotel demand
Dubai's hotel market is one of the strongest and most dynamic internationally, achieving record occupancy levels and room rate growth
Income potential
IFA's Hotel Ownership concept delivers owners 50% of the hotel's room revenue, with no deductions - we estimate this to be in excess of 8% Return on Investment after the guarantee period
Capital growth potential
Capital values of hotels rise in proportion to room rates - given stable occupancy levels, this could be considerable over the medium term
Resale potential
Investors are able to crystallize the value of their investment at any time after completion and the opening of the hotel
Maintenance and repairs
All maintenance and repairs of running the hotel residence are managed by Mövenpick
Choice of hotel operator
In Mövenpick, IFA has selected an experienced, well-respected Swiss hotel management company, already well-established in the region
Location, location, location!
The hotel is located close to Dubai's leading attractions and landmarks, including the Palm Jumeirah, Dubai Marina, Ibn Battuta Mall, Ski Dubai, Emirates Golf Club and of course Dubai's pristine, sandy beaches
|