Reasons to invest in the project Hotel Catania, Italy III:
Attractive Returns: 9.25% – 10.5% p.a., paid monthly;
Fixed Capital Gains: 1.5% p. a., paid at maturity;
Secured Investment: collateral valued at EUR 1,700,000 (independent appraisal);
Loan-to-Value Ratio (LTV): 70%;
Projected Property Value After Renovation: EUR 4,500,000.
The InRento team presents third financing stage for buy-to-let project in Italy, Sicily – Hotel Catania, Italy III. The investment offer consists of a three-storey building located in the Old Town at the following address: Via Fortino Vecchio, 100, 95122 Catania, Italy. Currently, the building consists of 18 residential apartments with a total area of 1,460 sq. m. The project aims to convert the building into a 4-star hotel with 35 rooms, a swimming pool, an outdoor terrace, and a restaurant.
The project is located in Catania, the second largest city in Sicily, located in a key tourist area of southern Italy. Catania is known for Mount Etna and its vibrant local culture, making it a popular destination that attracts tourists all year round. The funded project’s location is strategically convenient - right next to the historic part of the city, with easy access to the central train station and Fontanarossa International Airport.
The project owner has experience implementing hotel rental concepts. The occupancy rate of managed projects is 85-90% throughout the year. This is due to high-quality, well-designed interiors and competitive prices that attract guests even during the off-season. Similar results are expected for this project.
After the renovation, the hotel’s projected revenue for the first year of operation is EUR 968,857.
The project owner, Bali Home S.R.L, has already acquired the financed property and has all the necessary permits to start the renovation. The funding will be used to carry out the renovation and refurbishment on the building. The hotel will be managed directly by the project owner.
The project is secured by a first-rank mortgage and offers investors fixed monthly interest of 9.25 – 10.5% p.a., along with fixed capital gains of 1.5% p. a., paid at maturity. Which raises gross profitability between 10.75% and 12% p.a.
The maximum project duration is only 24 months.