Flat for sale in London E14, 1 Bedroom

London, London, UK

Quick Summary

Property Type:
Flat
Status:
For sale
Price
£ 25,000
Beds:
1
Baths:
1
County
London
Town
London
Outcode
E14
Location
Canary Wharf, London E14
Marketed By:
Purple Property
Posted
2024-04-05
E14 Rating:





More Info?
Please contact Purple Property on 0151 382 7968 or Request Details

Property Description

Floating Hotels, or ‘Flotels’: The Concept
The appetite for unique, interesting and entirely different experiences is on the rise among international tourists who are no longer prepared to settle for the mundane. As space on land in tourist zones is either scarce or hugely expensive, hoteliers have been looking to other frontiers for expansion opportunities. Floating hotels or “flotels” have been cropping up all over the world, from exotic locations in Thailand to metropolitan cities like New York. Among the most recognisable flotels in the world are the QE2 hotel, the former Royal Yacht that is now permanently moored in Dubai and the transformed 5-star super yacht known as the Sunborn Hotel, moored in Gibraltar. Although there is an increasing trend among developers of looking to waterways for construction opportunities, the hospitality industry has largely failed to recognise the potential of this emerging niche market. We have a reputation for seizing new opportunities for expansion as they arise and we will be offering floating hotel opportunities in cities such as, Dublin, Liverpool, Edinburgh and across strategic European locations, with the first site being ear marked in the city centre of London. Due to the positive environmental impact of redeveloping old cruise liners, we believe that floating hotels represent the future of sustainable innovation within the hospitality industry. The rising trend of floating hotels represents an opportunity to diversify our portfolio further, with a sustainable business model that ensures maximum profitability.

The floating hotel is in the form of the MV Funchal, originally a Portuguese presidential yacht used to transport international dignitaries on transatlantic visits before its conversion into a 4-star luxury cruise liner. The 488-passenger vessel has had a distinguished career over the years, traversing the world’s oceans and taking in the Arctic Circle, Norwegian Fjords, Australia and the Far East; the Mediterranean and the Pacific.

As one of the finest examples of a luxury cruise liner, the MV Funchal was extensively refurbished in 2013, at a cost of €12m, elevating its luxurious offering even further. Around 300kms of new wiring, 500 tons of steel, 3kms of conducts and piping and 15,000m2 of new ceilings and carpeting were replaced during its restoration.

The Project
Key features of the MV Funchal:
• 281 cabins
• Two fine Dining Rooms, an event space and piano bar
• 6 decks and 3 passenger lifts
• On-board shopping mall
• Capacity for 488 passengers/guests
• On-board medical centre and wellness & beauty salon
• Restaurants, deck buffet & show lounge
• Library, internet café & gym
• Casino, card room & disco bars

The Investment
We are offering investors the opportunity to participate in a unique hotel asset that will be located in the heart of London. This innovative investment will allow you affordable entry into the cities property market via an alternative route, whilst capitalising on the highly successful developer, which is currently outperforming all of its rivals in the North West of England.

Entry Level Investment - £25,000 with up to 12% return with Corporate Guarantee and a 12 month investment term

Exit Strategies
There are three exit strategies available with this investment:
1. Capital is returned at end of term.
2. Capital can be rolled into another project.
3. Capital can be used against a residential/commercial property within the estate.

Opportunities for short-term, low entry level investment in London’s prime assets just don’t ordinarily come to market. Investments in hotel assets, in particular, have always been entirely the domain of high net worth and institutional investors. Can you afford to miss an opportunity in one of the most exciting investment destinations in the World? Contact one of our advisers today.

Property Location

Marketed by Purple Property



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Disclaimer Property descriptions and related information displayed on this page are marketing materials provided by Purple Property. estateagents365.uk does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Purple Property for full details and further information.