Marrakech Boutique Hotel

by Tony Colborne in Marrakesh, Marrakesh-Safi, Morocco

Marrakech Boutique Hotel

£0

raised of £100,000 target
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supporters
0% 8 days left
Flexible funding – this project will receive all pledges made by August 26th 2019 at 12:18pm

Raising funds to complete the build of a small boutique hotel. £1.2 Million invested in this project to date. £100K required to complete.

by Tony Colborne in Marrakesh, Marrakesh-Safi, Morocco

I have a background in developing innovative technology for the banking and insurance sector.  I created a software company which was later successful sold.  I have created and funded business in health and leisure, retail, hospitality and undertaken property development.

I have invested in the development of a small boutique hotel located 20 minutes from the centre of  Marrakech.  I personally own the land and property and there are no existing liens or encumbrances.

I now wish to raise £100K to complete the build and furnish the property ready to operate as a luxury small hotel.  The business is projected to make a net revenue of £260,000 per annum based on 30% occupancy.

Loan funding required offering 12% per annum with full repayment in 2 years from the date of investment.

Let's make 'Marrakech Boutique Hotel' happen

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