2. New Zealand Tourism Forecast that 3.1 million overseas visitors will visit New Zealand per year by 2016 For year ending March 2010 New Zealand received $9.5 billion from international visitor spending. Total Tourism contributes $22.4 billion each year Lets be part of this Industry
3. Looking to purchase a Motel Purchaser’s borrowings by way of mortgages. Leasehold Interest 30% - 35%. Freehold Going Concern 50% - 60%. If Purchaser’s have other property they may be able to secure a mortgage against that property, using the equity as collateral. How much money do I need?
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13. Suggestions for Prospective Moteliers Presented by Specialist Motel Broker Malcolm McCrae AREINZ Licensed Agent REAA 2008 Mobile 0274 462 987 Tele 06 357 7743 Email [email_address] Web: www.motelmover.co.nz Malcolm McCrae, Principal
Editor's Notes
The motel industry is very interesting meeting different people every day. They come from throughout New Zealand and the world. The Tourism Research Council forecast Tourist numbers will increase 5.8% a year to reach 3.1million in six years (2010) A long with this growth will be an increase in tourist spending. Lets be part of this growth. WHAT TO LOOK FOR WHEN PURCHASEING A MOTEL LEASEHOLD OR GOING CONCERN
The property Main road location Central city Handy to entertainment (café,bars,restaurants etc) Number of Studio, One & Two Bedroom units, Conference venue
Items I am often asked by clients When making the decision to purchase you may need to make some compromises as we do not live in a perfect world
The motel industry is very interesting meeting different people every day. They come from throughout New Zealand and the world. The Tourism Research Council forecast Tourist numbers will increase 5.8% a year to reach 3.1million in six years (2010) A long with this growth will be an increase in tourist spending. Lets be part of this growth. WHAT TO LOOK FOR WHEN PURCHASEING A MOTEL LEASEHOLD OR GOING CONCERN
![Suggestions for Prospective Moteliers Presented by Specialist Motel Broker Malcolm McCrae AREINZ Licensed Agent REAA 2008 Mobile: 0274 462 987 Tele: 06 357 7743 Email: [email_address] Web: www.motelmover.co.nz Malcolm McCrae, Principal](https://image.slidesharecdn.com/somesuggestionsformmamay20112-110525003559-phpapp02/85/Some-suggestions-for-mma-may-2011-2-1-320.jpg)
