Part of the Heart of Europe development located on the World Islands just off the coast of Dubai, Nice Hotel has now completed construction, having achieved the Nakheel Completion Certificate.
With projected annual yields of 8.33 per cent, the hotel presents an incredibly attractive investment opportunity, said the Kleindienst Group. With its floating villas, beachfront properties, coral restoration programme and even climate-controlled streets, the Heart of Europe, is a high-profile Dubai tourism project.
Nice is the second hotel within The Heart of Europe, a waterfront development with a track record of strong occupancy rates, revenue growth and guest satisfaction. As such, it presents a valuable investment opportunity for those seeking high-yield hotel room ownership with proven profitability.
Attractive returns aside, buyers can benefit from a turnkey service, wherein operations will be fully managed independently with no day-to-day responsibilities for investors.
Josef Kleindienst, Chairman of The Heart of Europe, said: “This is a rare opportunity to invest in a thriving hotel property with a solid performance history. Our strategic location, strong brand reputation and high occupancy rates make this an exceptional choice for investors seeking both short-term returns and long-term value appreciation.”
