New Profitable Hotel: Huge Capital Gains Potential
Asking Price: $5,250,000 USD (Negotiable)
A unique opportunity is available to discerning investors to own a brand new 88-room three star boutique hotel in the center of Kuala Lumpur. The Bestotel will be sold in fully furnished and operating condition. It began operations on 22 April 1999. A host of quality finishes, well-designed rooms and a modern aluminum clad and curtain glass facade will make this the hotel of choice for business travelers.
The record number of tourist arrivals, the tremendous and significant transformations that are planned for Jalan Ipoh in the vicinity of Bestotel, the phenomenal growth of the Malaysian economy after the Asian crisis and the significantly undervalued Malaysian currency will bring excellent price appreciation in the medium term making this an exceptionally attractive investment.