RECIPE FOR A LUXURY RESORT

INGREDIENTS

10 Acres of owned land

100 Metres of virgin beach

1 Local Developer with good ears

+/-10% Equity including land

1 Experienced development team

1 International resort real-estate agency

1 Luxury Brand/Operator

1 super-detailed development plan

$100K for Planning & Preparation

6 Months for Planning & Preparation

Taste, Humour & Creativity for colour and fragrance

TO PREPARE

Create product mix of residences, villas, suites and condos and place strategically on plan with innovative amenities.

Against confirmed value of land, borrow 45%, finalise planning, feasibility and commence real-estate sales.

Start 2/3 of villas and hotel amenities.

Borrow a bit against ‘As-Completed’ value to support pace of real-estate sales.

Add 1/3 of villas, sell and complete hotel.

Check details very carefully.

Place development profit in bank.

Enjoy profits from debt-free resort.

FOR GUIDANCE

Because if it really was that simple, everyone would do it,

Contact AXIS HOTELS & RESORTS

EMail David McMillan

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