For Sale: 7.5-hectare land with completely prepared project for construction of a cottage houses/hotel complex.

Project idea:
- This investment project (“Project”) envisages the construction of a hotel complex (the “Complex”) in Almaty Oblast.
- The Complex stands on a 7.5 ha site, which is sufficient for realizing the Project and its subsequent expansion.
- The location is attractive for year-round tourism, including accommodation in guest homes, pools, saunas, cafes and restaurants, cycling, sports, and other recreational events.
- No company has been registered for this project and the land is owned by an individual.
Proposed sales volumes:
- The Complex will serve residents and visitors of Almaty and Almaty Oblast, as well as overseas tourists.
- At full design capacity, the room stock of the Complex will amount to 45 guest houses. Annually, it is planned to provide about 10 thousand room nights.
- Complex services are divided into summer (pool, sports areas, and cycling) and year-round (saunas, cafes and restaurants).
- The investor/buyer will get the entire 7.5 ha of land and they will have to get the necessary permissions for the construction. They can expect local administration and network support for the same.
Financial plan and project payback:
- The investment amount for project development is USD 4,713 thousand (USD 4.7 million)
- Project NPV – USD 1,586 thousand (USD 1.58 million)
- Project IRR is 21.7%;
- EBITDA return is 48.5%
- Payback period is 6.9 years;
- The discounted payback period is 11.9 years.
- Investment amount for land purchase only (with development of any project) - USD 800 thousand.

Cottage houses, hotels, restaurants, entertainment areas, sports, and recreational areas.

No loans. Land fully owned by the owner. Available to be sold to interested parties to build a complex or similar project. Local institutions are willing to cooperate in building extra roads to reach the area.

Tangible assets include the 7.5 ha land worth USD 1 million. The land is being offered at a discounted rate of USD 800,000. While the intangible assets include network support, local administration support, and all the research done for this project.