Based on a one bedroom front line beach apartment in Palm Beach Piazza renting at 50 GBP per night. This is assuming that the complex will be managed by an International hotel group with 24 hour reception & concierge service and achieving 70% occupancy ( Hotels in Hurghada are achieving in excess of 90%). It also assumes a 40% management fee from the management company. Therefore 365 x 50 = 18250 x 70% = 12775 - 40% = 7765. 7765 as a % of 50000 = 15.33% ROI. It is likely that Palm Beach Piazza, El Andalus and Ocean Breeze will all be managed by such a company. The chosen operator will have established links with travel agents, tour operators,golf clubs etc. These figures are based on the resort being fully open - the first year is unlikely to be at this level but year 2 and onward should certainly achieve this projection.
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