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Recife Plaza Hotel with 77 Rooms near the Rio Capibaribe, with expansion project

Rua da Aurora, 225 - Boa Vista, Recife - Pernambuco, Brasilien
R$16,000,000

Details

Recife Plaza Hotel with 77 Rooms + business units in a 17 floor building at premium loation in Recife

The 17-storey building consists of a Hotel (1/3 of the building) and a Business Part (2/3). Located on the banks of the famous Rio Capibaribe, one of the best and most privileged places of downtown Recife.

Recife Plaza Hotel – RPH is located on the banks of the Capibaribe River. The hotel was founded in 1986 and has business clients as well as tourist clients. In addition to the huge demand for hotels in Recife, the RPH has a great advantage for the investor, since it provides the possibility of expansion of the current 77 apts  up to 343 apts. The investor can also define the external finishing of his preference. It is therefore a flexible investment opportunity, with facilitated payment options and an excellent return (ROI).

Characteristics:

The hotel has a privileged location, with aconstant exposure in the media and postcards of the city of Recife. It is located in the heart of the city center of Recife, State of Pernambuco, specifically in the business district, on near the banks of the famous Rio Capibaribe and close to the New Port of Recife, close to government agencies and major shopping centers, universities, consulates, embassies, etc. Furthermore it is close to the airport (approximately 10km), convention center (3.5Km), Boa Viagem beach (6.5Km), Olinda (6Km), Porto Digital (1.5km), Recife Antigo (1.5km) and close to 3 shopping malls (namely Boa Vista, Tacaruna and the new Rio Mar).

Sales Proposals/Projects:

There are basically 2 possibilities: 1) Sale of the hotel alone or 2) Sale of the hotel + part of the business structure

The area belonging to the hotel as well as a part of the business area can be easily transformed into hotel apartments or even residential apartments, like Flats (Aparthotel), aiming for a much faster return on investment (ROI). The total available area composes ± 14,700m2. Another possibility would be to convert it into university and / or dormitory for students.

If the business center was to be incorporated into the hotel structure, the capacity would go from 159 apartments to 343 apartments, depending on the common areas that would be converted into apartments.
Or alternatively it would be possible to expand into an Apart Hotel structure: In this configuration the expansion can reach from 192 to 343 apartments, depending on the size of the Flats and needs of common areas.

Further and more detailed information on request.

Payment Modalities: 50 % in cash as minimum requirement, 50 % possible in real estate, or financed in direct financing with the owners (24 or 36 instalments). 100 % of the sales price can be received in Europa or United States.

Additional Information:

Background Information Recife:

Additional Information, copies of the documentation and different presentations can be sent on request.

  • ID: 7013
  • Published: 6. November 2018
  • Last Update: 21. February 2020
  • Views: 827