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Property For Sale Or Rent: New Profitable Hotel: Huge Capital Gains Potential

Malaysia

Capital City
Malaysia

Property for sale: $5,250,000 USD (Negotiable)

Hotel For Sale in Capital City Malaysia

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 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.

Property Summary

Offered by		Owner
Features		Furnished, Appliances, Pool, Gym/Spa, Balcony, Cable TV, Ocean Waterfront, Very Private And Exclusive Island Only Accessible To Permitted Guests, Recreation Centre, 3 Private Stretches Of Beach, Marine Conservation Park All Round, 7 Minutes To Mainland Therefore, Very Convenient, A Mere 25-Minute Taxi Ride From Airport, Gem Isle Releases Each Year 1,500 - 2,000 Turtles In Its Turtle Conservation Program, Restaurant Serves A Wide Variety Of Traditional And International Food, Gem Shoppe Selling Items Of Convenience And Souvenirs, All Villas Front The Sea With Most Villas Perched Over The Pristine Clear Sea, All Villas Are Air-Conditioned,