Hotel in Iceland

Iceland, Iceland

24% Raised

Short Summary

38-room hotel, with a 60-seat restaurant. The property is in a great location in Iceland. Price per night and occupancy rates in this area are both high. The predicted profit before paying off the loan is 730.000 euros.

Highlights

  • We have already spent 150.000 euros on the project
  • All the drawings and the pillars under the hotel are ready
  • Price per night is around 220 euros per night in the summer
  • The occupancy rates for other hotels in our area is very high
  • Best location in our town
Please note: Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. This platform is targeted solely at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. This information has not been approved as a financial promotion, and you must carry out your own due diligence.

Overview

Target
A$950,000
Minimum
A$710,000
Investment Raised
A$230,000
Previous Rounds N/A
Stage MVP/Finished Product
Investor Role Any

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