Investment Condo Hotel Ariols Delta Suites

  • 894 views
Uploaded on

Condo Hotel Ariols Delta Suites …

Condo Hotel Ariols Delta Suites
Detailed description of an avant-garde project which offers an excellent investment opportunity

More in: Travel , Business
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
    Be the first to like this
No Downloads

Views

Total Views
894
On Slideshare
0
From Embeds
0
Number of Embeds
1

Actions

Shares
Downloads
0
Comments
0
Likes
0

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1. 3124 República Árabe Siria St., Ap. 6 th D (1425) Buenos Aires City - Argentina +5411-4115-2788 / 2791 ariols@ventie.com.ar - www.ariolsdeltasuites.com I N V E S T M E N T P R O J E C T C O N D O H O T E L I N T I G R E C I T Y B U E N O S A I R E S P R O V I N C E A R G E N T I N E R E P U B L I C
  • 2. T I G R E C I T Y
    • Located only 20’ drive from Buenos Aires downtown.
    • Its’ Delta is the second largest in the world.
    • It is THE CITY OF WATER SPORTS.
    • Its’ touristic affluence grew a 211% in the last 5 years and keeps
    • growing.
  • 3.  
  • 4. T I G R E I N N U M B E R S
    • It is 2 nd tourist destination in the country.
    • It generates 6% of the GP in Buenos Aires province.
    • It gathers 5 million visitors per year.
    91% can’t stay to spend the night DUE TO THE LACK OF HOTELS AVAILABILITY
    • Among its’ corporate tourists:
    SOURCE: “THE TRAVEL AGENCY” MAGAZINE – 28-04-08
  • 5.
    • Investment 3.000.000 dollars
    • 250 business premises
    • 50.000 visitors per week-end
    C A S A F O A 2 0 0 8 (The most important architectural & design national exhibition) I N P U E R T O D E F R U T O S O N L Y 164 ft F R O M T H E C O N D O H O T E L T I G R E I N W O R K S
  • 6. The distance it covers, in just a 45-minute relaxing journey, starts in the Port of Tigre and ends in Puerto Madero (the major business area in BA city) T H E C H A R T E R S H I P
  • 7.
    • 900 thousand m 3 of drinking water per day
    • The largest scope work in this matter
    • First module available by mid 2009
    T H E L A R G E S T W A T E R P U R I F I C A T I O N P L A N T IN 1 st SECTION TIGRE DELTA ISLANDS T I G R E I N W O R K S
  • 8. TOURISM BUSINESS IN THE WORLD
    • Tourism is one of the most important and dynamic sectors in today’s world.
    PRICE WATERHOUSE COOPERS
    • It is a multimillionaire industry: there are more than 700 million travelers around the
    • world per year.
    INTERNATIONAL LABOR ORGANIZATION (ILO) – GENEVA
    • It surpasses the automotive, agriculture and technology industries.
    • It is thoroughly flexible and overcomes crisis and disaster.
    WORLD TOURISM ORGANIZATION
  • 9. T I G R E + T O U R I S M =
  • 10. R E A L E S T A T E & T O U R I S T I C D E V E L O P M E N T
    • It must be near beaches and marinas
    • Golf courses in complex or nearby
    • It must be near Amusement or Aquatic Parks
    • It must offer ecological attractions
    • It must offer Spa facilities and services
    K E Y C O M P O N E N T S O F A S U C C E S S F U L P R O J E C T
  • 11. R E A L E S T A T E & T O U R I S M D E V E L O P M E N T
    • In highly sought after destinations, preferably urban ones
    • The objective is hotel rent revenue and profitability
    • It implies the owners’ obligation to place the unit in the hotel’s
    • rental program
    • The hotel management company generates the renting that makes
    • the investment worth
    • There is real estate appreciation and Title Deed guarantee
    R E A L E S T A T E P R O D U C T : C O N D O H O T E L W H E R E, W H Y A N D H O W
    • It is an excellent opportunity in today's world context
  • 12. T H E P R O J E C T
    • 6.273 m 2 / 67,522 ft 2 in construction works
    • 1.273 m 2 / 13,703 ft 2 in parking lots
    • 72 luxurious suites
    • 48 junior suites
    • 24 executive suites
    • State-of-the-art Convention Center
    • Premium Materials, Technology and Design
  • 13.  
  • 14.  
  • 15.  
  • 16. A M E N I T I E S
    • Ultra tech gym
    • Spa and Jet Shower
    • 66 m 2 / 711 ft 2 pool
    • Piano bar and Winery
    • Jacuzzi and Sauna
    • Outdoors cafe
    • Haute Cuisine Restaurant (250 m 2 / 2,691 ft 2 )
    • ARIOLS GIFT SHOP
    • Business Center
  • 17.  
  • 18.  
  • 19.  
  • 20.  
  • 21.  
  • 22. H O T E L R O O M S - R E G U L A R S I Z E S
    • Ariols Executive Suites: 50 m 2 / 538 ft 2 carpet + amenities sharing out = 70 m 2 / 753 ft 2
    • Regular room in a 5-star hotel: 24 m 2 / 258 ft 2
    • Ariols Junior Suites: 35 m 2 / 377 ft 2 carpet + amenities sharing out = 50 m 2 / 538 ft 2
    A R I O L S S U I T E S S I Z E S
  • 23. BALCONY Variable according to Floor height BATHROOM KITCHEN BEDROOM LIVING-ROOM UNITS “D”
  • 24. THE CONDO HOTEL BUSINESS - SUMMARY
    • The units subscribe to the rules and regulations of the National Horizontal
    • Property Law N o 13512
    • The investor purchases a Unit and signs its corresponding Title Deed
    • A Condo Hotel is high rise apartment building
    • The Units’ appreciation rises yearly
    • A two-side business is set out: HOTEL RENT REVENUE AND REAL ESTATE APPRECIATION
    • The Units are placed in the hotel’s rental program
    • The hotel business is managed by an international hotel operator
    • The renting of the Units by the hotel operator generates rent revenue for the
    • investor
    • The revenues generated by the operation of the amenities increases the
    • investors’ ones by offsetting the operative and maintenance costs
  • 25. ACQUISITION OF THE LAND STRATEGIC LOCATION PUERTO DE FRUTOS CASINO TRILENIUM PARQUE DE LA COSTA TREN DE LA COSTA PROJECT AND HOTEL BUSINESS FEASIBILITY STUDY FEASIBILITY STUDY DEFINES PRODUCT AND WORTH VALUE FIRST SUCCESS GUARANTEE DEVELOPMENT APPROACH S T A G E 1 B U S I N E S S P L A N N I N G
  • 26. S T A G E 2 B U S I N E S S C O N C R E T I O N HOTEL OPERATOR THOROUGH DEVELOPMENT PLOTS APPROVED BY CITY COUNCIL HEIGHTS APPROVED BY AIR FORCE AUTHORITIES CITY COUNCIL DECREE: CREATION OF APART HOTEL SECTION IN CITY DRAFT DECLARATION PROJECT OF NATIONAL INTEREST
  • 27. S T A G E 2 B U S I N E S S C O N C R E T I O N
  • 28. A I R F O R C E D I S P O S I T I O N H E I G H T S P E R M I T T A N C E A N D A P P R O V A L 1 o ) It has been determined that, up to the present, construction will not affect Airdrome / Heliport Obstacle Limiting Surfaces, being the requested height the maximum one authorized in the indicated site, including lightning conductors, aerials and/or any other objects pertaining to it.
  • 29. C I T Y C O U N C I L D E C R E E C R E A T I O N O F T H E S E C T I O N A P A R T H O T E L D E C R E E S CHAPTER 1 .- To include the section “Apart Hotel”, as a permitted one in the zone R6 of the General Uses List of the Statute 1894/96, subject to the approval, by the City Council Committee of Analysis and Interpretation of the Zones Code, Chapter N o 7 of the Code, of the impact that will be caused in the area by a greater density, vehicle circulation and any other activities derived from this section.
  • 30. C I T Y C O U N C I L C O M M I T T E E O F A N A L Y S I S A N D I N T E R P R E T A T I O N O F Z O N E C O D E S T A T E M E N T S T A T E S a) Trough the Executive Board of Private Works annex to the General Uses List, in the zone R6, the section Apart Hotel. b) Through the Executive Direction of Private Works notify that prefeasibility of use for the section Apart Hotel is conceded.
  • 31. P R O J E C T ’ S D E C L A R A T I O N O F N A T I O N A L I N T E R E S T This kind of project meets the requirements the City Council of Tigre has established as a strategy for its tourism development and constitutes one of the objectives regarding the private initiative and investment in our government scheme. The steady growth of tourism activity in Tigre City and its Delta guarantees this kind of project quite attractive profitability rates to any investor.
  • 32. P R O J E C T A N D H O T E L B U S I N E S S F E A S I B I L I T Y S T U D Y Financial and Economic Analysis November 2007 Updated June 2008
  • 33. I N V E S T M E N T F O R E C A S T
  • 34. S T A G E 3 B U S I N E S S L E G A L S T R U C T U R I N G DUE PROJECT TRUST BANK ACCOUNT OPENING THOROUGH DEVELOPMENT TRUST TAX IDENTIFICATION NUMBER ASSIGNED BY FEDERAL ADMINISTRATION OF PUBLIC INCOME FIDUCIARY TRANSFERENCE OF LAND TITLE AND DOMAIN TRUST CONTRACT SIGNING
  • 35. FIDEICOMISO ARIOLS DELTA SUITES CUIT 30-71056940-8 CTA. CTE. BANCO SANTANDER RÍO SUC. BARRIO RIVER L E G A L S T R U C T U R E A N D T A X N U M B E R CONTRATO DE FIDEICOMISO Entre Adrián Alberto Freije, Pedro Ezequiel Ríos, Fabio José Daniel Muscio y Ricardo Fernández (en su carácter de Fiduciantes Originantes) y Cofar Fiduciaria S.R.L. (en su carácter de Fiduciario) 19 de Mayo de 2008 Buenos Aires, República Argentina
  • 36. OCCUPATION / REVENUE RATIOS 0 10 20 30 40 50 60 70 80 90 Lowest Middle Expected Occupation Revenue 60 % 70 % 85 % 11 % 15,5 % 19 %
  • 37. REAL ESTATE APPRECIATION & HOTEL RENT REVENUE UNIT ANNUAL APPRECIATION 10% 5 15 20 25 30 0 Lowest Expected 29 21 ANNUAL APPRECIATION ANNUAL RENT REVENUE ANNUAL PROFITABILITY 10 11 10 19
  • 38. T H E P R O F E S S I O N A L S PROJECT DEVELOPMENT : VENTIÉ PROJECTS & DEVELOPMENTS NOTARY OFFICE : Buffet RODRÍGUEZ GUAGLIARDI & CASSINO LEGAL OFFICE : Buffet GOL PARÉS, LENCOVA & LÓPEZ PROJECT DESIGN : ARCH. MELNIZKI & ASSOC. / ARCH. FABIÁN TANFERNA CONSTRUCTION MANAGER : ARCH. MELNIZKI & ASSOC. TRUSTEE : COFAR FIDUCIARIA S.R.L. TAX AND ACCOUNTING OFFICE : C.P.A. JOSÉ MARÍA ROSSI TRUST BANK : BANCO SANTANDER RÍO S.A.
  • 39. DAYS SUDAMÉRICA SA A COMPANY BY GOLDEX GROUP DAYS SUDAMERICA is the owner of DAYS INN ` brand in Argentina, Uruguay and Paraguay. HOTEL OPERATOR Its headquarters is located in Luxemburg. It accounts more than 10 years of experience in the hotel field and business. It accounts several developments in Europe, Africa and Latin America, all of them under international hotel operation standards.
  • 40. COFAR TRUSTEE SRL (LLC)
    • Set up in 1969
    • 39-year-experience in the real estate projects development and construction market
    • Up to 2008 it has delivered 30 finished projects comprising 3 million ft 2 constructed
    • Nowadays constructing a complex in the intersection of Balbin and Roosevelt streets, Belgrano neighborhood
    • Partners :
    • Mr. Guillermo Martín Fuhr
    • C.P.A. Eduardo Zunini
  • 41. ARCHITECTS MELNIZKI & ASSOC.
    • 37 years of experience in the construction industry
    • More than 100 construction works accomplished
    • Some of their works:
    • Swissair Offices Building
    • Finland Embassy – Renovation, Furnishing and Decoration
    • Alfaro Tower (8000 m 2 / 86,111 ft 2 )
    • Swissair - Airport Special Facilities
    • Switzerland National Tourism Office
    • Santander Rio Bank – Acassuso Branch
    • “ La Carmela” Restaurant – San Isidro
    • Movicom Building – Cell Phones Industry
    • Kel Editions SA – Publishing House Building
    • Turf Professionals Headquarters
  • 42. ARCHITECT FABIÁN TANFERNA
    • Graduated in 1986, Belgrano University degree
    • 5 years as a professor in the Design Department of the University, apart from having given several lectures
    • Award Holder by the Germany Service of Academic Interchange, studied for 3 years in German Universities
    • 18 years from now, founded the Architectural Studio Ocampo – Tanferna, located in Recoleta neighborhood, Buenos Aires city
    • Among his most recent works, we can find the Club House in the hotel complex “Sofitel- La Reserva” in Los Cardales, Buenos Aires Province
  • 43.
    • Partners & Founders : Pedro Ríos, María Pía Carrera Pereyra, María José Alpañés
    • Among its members and associated for Ariols Project, Mr. Adrian Freije, who and along with Mr. Rios, after their 8 years of trajectory as entrepreneurs and investors overseas, bring back their experience and knowledge to our country.
    • Mr. Rios accounts experience in the tourism and hotel business investments, such as Sand Point, Orlando, USA since year 1998.
    • Associated in the professionals staff, as an Advisor in Developments, C.P.A. Eduardo Zunini, whose experience and trajectory in the Real Estate Business, Trusts and Trust Funds accounts more than 25 years.