Hospitalityscape Project

Executive Summary

Transforming an idle building into a fully functional (repurposing), modern real state for commercial, residential and hospitality used.

It can be a 5-7 storey building which depends on the availability and strategic location of the premise. With potential implementation across the Kingdom and on an international scale.

Investment Scheme

Minimum Investment: SAR 40,000,000
Investment Repayment:

Accelerated after year 3 (or less as projected).

Post Year 10: Continuous Profit Sharing

"After year 10 or less, the real estate is projected to be fully profitable, having returned the initial investment."

" The 1st Investors will continue to receive ongoing annual returns of 20% of net profits, creating long-term profitability for all stakeholders. Additionally, grant priority status to be the next managing partner in the upcoming business expansion. "

2nd Investor: 15%

3rd Investor to 10th: 10%

*Below SAR 40 million investment but not less than 10 million: 5%

Overview

The premise will have an AI-driven technology and smart systems, to be the pioneer in the Kingdom.
Smart technology integration
Contactless voice command
Amenities and services touching the heart of every individuals.
Advance robotics
Intellectual and Augmented Reality recreational facilities
Parking management system never seen before to enhance guest, tenants, visitor and employees experience.

Market Analysis

We have seen rapid growth in Saudi tourism due to Vision 2030.
Increased demand for mid-range real estate.
Never seen: A building that will truly represent a new feel of home and Leisure, that is easy on the budget. Soon will rise.
Never heard: Of a one stop building that is almost all you need as a Patron will be inside and or accessible in no time. Now we’ll have.

"A strong & resilient G20 economy. Saudi Arabia is the 19th largest economy in the world and the largest in MENA Region."

Sources of Income

Guest rooms: Projected Profit SAR 2-4 million per year
Leasing space to businesses (10 Tenants): Annual Income: SAR 2,000,000
Restaurant Revenue: SAR 4,000,000 annually
Function Room Rental & F&B Sales: SAR 2,500,000 annually
Medium-Sized Shared Office (50 desk): SAR 350,000 per year
Hosting local-level chess, VR, and eGames tournament (6-12) events:

Minimum: SAR 350,000 per year | Maximum: SAR 1,380,000 per year

Total Yearly Potential Income: SAR 11,200,000 per year to 14,230,000 per year

Developer & Service Provider IN COLLABORATION WITH ertiqa holding

“We welcome strategic investment partners.”