Show Home Open Viewing: By appointment with developer
- Additional Information
- Contact the Agent
Luxury Hotel Suites In Belfast – Invest From Just £80,000
- Belfast will be doubling its value of tourism to £870,000,000 by 2020
- Belfast to deliver hotel room shortfall of 3,750 by 2020
The returns for this investment are guaranteed and are 8% net per annum for years 1-3, 9%net for year for and 10% net per annum for years 5-10. There is a buyback option from year three onwards and begins with a 6% uplift on the original purchase price, increasing by 2% each year, capped at 12% uplift. All returns are contractually guaranteed and paid quarterly. The great thing about this opportunity aside from the returns is it’s built in exit strategy.
Scottish Mutual building in Donegal Square, Belfast is being redeveloped it into The George Best Hotel, providing luxury group accommodation.
Belfast has undergone a resurgence in tourism over the past decade and last year the city was crowned Best UK City. With 1.4 million visits which contribute over £278 million to the economy and support 17,000 jobs, Belfast’s growth is only just beginning. Belfast is the driving force behind Northern Ireland’s economy and is a hub for not only international visitors but also domestic.
The city which has an eclectic vibe, with a plethora of restaurants, bars, attractions and landmarks to explore. The local council has outlined plans to increase the cities growth 100% by 2021, which will be achieved by improving transport links, more events and refining visitor experience. This growth has been recognised by many key companies across a broad range of sectors including accommodation, food & beverage and entertainment.
As it stands, there are currently 27 new hotel developments in the pipeline for Belfast, bringing 3,747 additional bedrooms to the city. This highlights the elevated interest in Belfast and the expected growth over the next couple of years, making now the perfect time to invest in the city.
With Units Ranging From Just £80,000 - £134,000 Get InTouch Today For Further Information & Brochure