Hotel in Sharm el-Sheikh, Egypt, 50 000 m²

Egypt. Sharm el-Sheikh. A 5-star hotel with 642 rooms. Egypt Sharm El Sheikh 5***** Hotel Rooms: 642 This resort has been completely renovated and an expansion of 96 rooms has been approved. It is an ultra-luxurious beach resort without a flag, as well as the neighboring Desert View Hotel (279 rooms, 3 stars, with the potential to expand to 5,000 square meters). Both are offered at a price of 75 million USD. Net operating profit in US dollars and return at the asking price of US$ 75 million over the last 3 years: 2022: Net operating profit of US$6.78 million → Return of 9.04% 2023: Net operating profit of US$ 8.30 million → Return of 11.07% 2024: Net operating profit of US$ 9.39 million → Return of 12.52% REQUESTED PRICE: 75 MILLION USD. We will sell your apartment or house. There is a choice of apartments and houses in various budgets, including commercial real estate