Resorts for Sale in Shefa Province

- Top performing resort, a favorite of all the OTA and rated by trip advisor as one of the top 10% of resorts in the world. - The property is on a 75 years leasehold, 67 years are remaining in the contract and the property includes thirty studio self-contained apartments, six 1-bedroom self-contained apartments, seven 2-bedroom self-contained apartments, infinity pool and children’s pool, excavated swimming hole in ocean, reception, laundry/housekeeping, BBQ house, gym house, massage house and a restaurant. - There is a 3,460 square meter adjacent land and we have development rights with the department of lands to build twelve studio apartments, twelve 2-bedroom or 3-bedroom apartments and a new reception or it could be changed to include an entirely different development profile, even a multiple floor development. - Preferred property for many of the large wholesalers and online booking agencies. We have a lot of loyal clients. - Our business was affected by external factors as we had a cyclone pam which was category 5 (we were the only resort with no damage due to the strength of our building) and then we had air NZ and Virgin cease their service due to a deteriorating airport runway. Despite of these setbacks we maintained a high level of occupancy but at the expense of our bottom line. - We were looking forward to a bumper in 2020 and then we had Covid-19. We were closed for the most of 2020, but now we have permanent and mid-term tenants for this year that will sustain us until the borders open. We are planning to re-open in the next 6 months. - Other financials can be discussed after introduction.