Eco Bungalow
The aim of the investment is to exploit a plot with touristic potentials with the addition of one or more bioclimatic independent tourist residences of 60m2, which have the ability to accommodate at least 4 people. They are expected to be leased either in the long or short term, providing income to their owners.
31.200€
Estimated Income
23.400€ from Rent
7.800€ from Food Services
11.856€
Annual Gross Profit
8.880€ Net Profit
with 25% taxes
13.6%
Return before Taxes
10.2% Net Return
after taxes and depreciation
Eco Bungalows are indeed special and always have something exceptional and different.
They have the comparative advantage of offering privacy and discretion to the family or friends who wish their own holiday home. Exciting atmosphere, elegance, comfort are just some of the features of an Eco Bungalow. Ideal for families with children or a group of friends who do not want to share their holidays with other people. They are designed carefully based on the satisfaction of the requirements of a family or a small group of friends. The visitors enjoys high quality accommodation and service at affordable prices, in a magical atmosphere, with discretion and comfort. They also enjoy a "green healthy environment", with all the comforts of a technologically modern space.
Based on Greek market statistics, three scenarios were analyzed:
- Conservative scenario with occupancy 33% (120 Nights)
- Normal scenario with occupancy 45% (163 Nights)
- Optimistic scenario with occupancy 55% (200 Nights)
We list the results of the normal scenario with the following assumptions:
- Eco Bungalows, given they are architecturally designed and built with quality materials, compete with 4-star hotels.
- Therefore, the average rental rate is 120€/night for each Eco Bungalow.
- 80% of visitors want a Mediterranean breakfast of 7€.
- We also calculate revenue/expenses from Mini Bar consumption and activities.
- Airport transfers.
Since the prices are different for each region and for each hotel type, our company prepares a customized business plan for you taking into account the local statistical indicators.
OBJECTIVES OF INVESTMENT
- Income generation through tourism
- Achievement of goodwill from real estate
- Secured capital invested safely
MODES OF FINANCING
- Self-financing
- Bank loan
- Co-funded schemes/Crowdfunding
- Government subsidies
- Combination of the above
Do you have questions?
Currently, the majority of private residencies are rented ''individually''. As a result, their owners do not enjoy the benefits of joining a wider business scheme that can offer economies of scale for their members and allow access in modern management methods. Immediate consequence of this is that individuals who want to invest in the creation and operation of an Eco Bungalow will have the opportunity to do so, not only in the context of a private initiative (existing situation) but also by gaining access to EcoHotels.gr network (network of all hotels managed by EcoHotelMakers). This will result in increased profitability and consequently depreciation of the investment in a shorter period of time.
ARRANGE A MEETING WITH US
Business plans, examples and case studies can be discussed and analyzed.
Below you can find some indicative examples. Each Eco Bungalow is designed according to its region. For example, in the islands of Cyclades it will be designed according to the famous Cycladic architecture and will be constructed with the use of ecological materials. Together, we can create Eco Bungalows with modern design and aesthetics, which at the same time maintain elements of tradition and blend with the natural environment of each region.
