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EUR
GBP
RUB
USD
TRY
1.8479
2.195
0.0194
1.7
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EUR
1.8479
GBP
2.195
RUB
0.0194
USD
1.7
TRY
0.0515

GOYGOL HOTEL


Activity areas:

Tourism/Tourist services

Patent rights:

No

Startup projects:

No

Conditions for attracting investment:

Partnership

Description of the business project:

The “Goygol Hotel” project envisages the creation and management of a four-star hotel in the Goygol district, one of the most attractive Azerbaijan and one of the areas with fascinating nature. The tourism industry of Azerbaijan has been developing rapidly in recent years. As a result, there has been a significant increase in the number of foreign tourists coming to the country in recent years. Goygol region is another important tourist destination benefiting from this expansion. Considering the rise in the number of visitors to Goygol in recent years, but the relatively low level of hotel infrastructure in the area, the hotel proposed to be built within the project is expected to be beneficial. An investment of AZN 4,280,000 is required for the implementation of the project. A weighted average capitalization rate of 18.6% has been estimated, and the internal rate of return (IRR) was determined to be 30 %. An informed decision can be made regarding the implementation of the project because the IRR (30%) in this project is higher than the weighted average cost of capital (18.6%). Moreover, the net present value is equal to AZN 3,593,034.

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Project:
L23266938
Created date:
26-07-2023 04:51

About the project

Name of project : GOYGOL HOTEL

Execution location : Göygöl

Project total amount: 4,280,000.00

Required investment amount: 4,280,000.00

Current stage of project: Ready project

Website: smb.gov.az


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Kiçik və Orta Biznesin İnkişafı Agentliyi (KOBİA)

Email: info@smb.gov.az

Phone: +994 12 404 04 01

City: Bakı

Sending the project to e-mail:




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