Benefits

To invest

Profitability

Year 1 to 5

Fixed net income of 4% over the price of acquisition

Annual Property Tax (IMI) paid by the Operator

All costs and operational capex will be under the responsibilit y of the Operator

After year 5

Variable income of 40% of the Total Room Revenue of the Touristic Operation with a minimum cap of 2,5% over the price of acquisition

All costs and operational capex will be under the responsibilit y of the Operator

Expenses Included

All costs and operational capex will be under the responsibility of the Operator

The Operator will not be responsible for the potentially hard costs (e.g. substitution of major equipments such as elevators; roofing; cl imatization system, among others). In normal conditions, these expenses are not expected before year 10.

FREE USAGE 15 DAYS

DISCOUNT 20%