1 Bed Hotel Room for sale in Cape Town, Western Cape, South Africa

A HASSLE FREE AND SECURE INCOME INVESTMENT

• Immediate Income Property (paid monthly)

• Minimum 9.8% Rental Yield OR
7% NET Rental Guarantee for the first 2 years

• 14% VAT back on the property price

• 30 free owner nights per annum

• Opportunity to benefit from 9%-15% rental yield if you put the property on the hotel’s rental pool

• Fully managed and marketed by leading hotelier with over 30 years of experience in the business

• Each property comes fully furnished

• Have a guaranteed accommodation for the 2010 FIFA Soccer World Cup, whilst making money

• No property transfer tax

LOCATION

Located just off Beach Road, Sea Point Cape Town. Only 15 minutes to the airport, 5 minutes drive to FIFA 2010 World Cup Stadium and famous shopping mall V&A Waterfront and The One and Only Hotel. With street cafes, grocery stores, clothing outlets, and restaurants galore, you will never be stuck for something to do in this suburb of Cape Town. Excellent location as The Hyde is near the the beach and business district at the same time, capturing the leisure tourism market, film market and the coroporate market, thus avoiding seasonality issues and ensuring high rentals.

INSIDE THE HOTEL

- Roof top Swimming Pool
- Gym
- Meeting Rooms
- Large Suites (Similar to large 1 Bedroom type apartments ) - ideal for staying in as well as holding meetings or simply entertaining
- Room Service, and Concierge Service

INSIDE EACH UNIT

- Fully Furnished (including the finest detail, such as paintings, linen, cutelry, white goods)
- En-suite bathrooms
- Stylish & Contemporary Living Room
- Stylish kitchens
- Air-conditioning
- Flat screen TV’s

INCOME GENERATION

Cape Town tourism board official occupancy rate for the city is 74%, which reflects a 16% rental return on your investment per annum.

However, at a conservative yet also realistic rate of 54%, a 9.8% NET rental return can be expected.

For more skeptical investors, a 7% Rental Guarantee for 2 years is available.

Property prices in Cape Town have been growing at a 18%-20% rate per annum, however with the world economic situation, a more conservative approach should be taken.

That said, perhaps we should bear in mind Robert Kyosaki's latest report on investing in the New Economy:

“Invest for Cashflow not Capital Gain. The people who are hurting today are investors who invested for capital gain, hoping that their property prices would increase” - Robert Kyosaki (2009).