A purpose-built luxury island for sale in a central metropolitan location within the Gulf Cooperation Council territory, which is under the ownership of a single family.
This is an opportunity to acquire assets that include approximately 85,000 square meters of fully completed advanced residential, hospitality, retail and leisure property and more than 83,000 square meters of undeveloped area. An excellent combination of completed residential and retail inventory with an attractive ratio of rented or used space to the total amount of available space.
At the disposal of owners of an island there are unused plots that can be immediately sold or used as profit-making rental revenue streams, or further, be developed as a residential and commercial zone. A development plan complies with ongoing market trends developed for the right investors, providing an excellent cost-efficient estimated internal rate of return of 14%+.
The luxury island for sale would be an amazing opportunity for property investment firms, property family offices, hotel management firms, developers, sovereign wealth funds, etc.
*You can also see other offers for sale in the category “Hotels/Motels/Resorts”.