EUR
GBP
RUB
USD
TRY
1.9019
2.0271
2.2841
1.7
1.1571
EUR
1.9019
GBP
2.0271
RUB
2.2841
USD
1.7
TRY
1.1571

“RUNAWAY HOUSE”


Activity areas:

Tourism/Tourist services

Patent rights:

No

Startup projects:

No

Conditions for attracting investment:

Partnership

Description of the business project:

The “Runaway House” investment project includes the further development of the tourism enterprise, which is currently operating in the Ismayilli district with the potential of 10 cabin houses, and large-scale hotel operations. The main goal of this enterprise operating in Galacik village of Ismayilli district is to be a leading enterprise in the South Caucasus in the ecotourism sector based on the principles of sustainable tourism. The investment project includes the strategies and market analysis required to expand this small-scale tourism enterprise to 200 cabins. Without reinvestment in fixed assets, the operation service life of a modernly equipped runaway house is anticipated to be seven years. The total investment amount, including costs for land preparation necessary for the construction of the complex, additional buildings and warehouses, and equipment placement, is calculated to be AZN 3,593,034. It is expected that 63.6% of the investment amount will be financed by equity and 36.4% by debt.

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Project:
L84115758
Created date:
11-07-2023 11:15

About the project

Name of project : “RUNAWAY HOUSE”

Execution location : İsmayıllı

Project total amount: 3,593,034.00

Required investment amount: 3,593,034.00

Current stage of project: Ready project

Website: smb.gov.az


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