Introduction
“Casa De Patio ” A residential apartment converted in to a Hotel as per hotel industry norms and essentials . This allows you to purchase the property at the rates of that of a residential projects while enjoying the benefits and returns of that of a commercial project.
Why Porvorim, Reis Magos , North Goa ?
The location has multiple advantages, right from malls, government offices, educational institute, casino’s, and much more refered to the location advantage – In addition to All this put together will offer fantastic appreciation in the invested property.
The Management Contract
We Manage the hotel business wherein you enjoy attractive returns which offers minimum Guarantee ( MG) or part of total revenue whichever is on higher side with 15 years of contract .(Refer to management contract)
Casa De Patio was launched in September 2020 in-spite of all the challenges of covid lock down , the hotel could clock an occupancy of about 72% in the last year. The best part is that we have achieved this occupancy ratio by diversified customer category, from Corporates, Students, Tourist, Locals & Casino Guests . Hence we do business round clock and all 12 months with Guests from various fraternity and locations . Being close to major cities of Goa , we are favourites of lacal guests with our welcoming hospitality.
Amenities
Landscaped
Podium
Reserved
Parking Space
Centralised Solar
water heating system
Rounded-the-clock
security
Semi Automatic
Elevator
Location Advantage
- Just 2 km from Panjim (Goa’s Capital)
- “Porvorim” The upmarket extension of Panjim
- All major Govt Head offices are in Porvorim
- Home to several Educational Institute
- State Legislative Assembly and Secretariat
- The Biggest Mall of Goa – Mall De Goa - Just 5 min
- Largest Supper market Delfinos – Just 2 min
- Historical Forts and tourist attraction
- Gateway to all major north goa Beaches
- All major Casino head quarter in Porvorim
Management Contract
- MG of 5.5% on Investment
- Average MG for 15 yr 7.29%
- MG or 45% of Room revenue
- Contract Period 15 yrs
- Lockin Period 5 yrs
- Notice Period 3 Month
- No deposit
- Maintaince 50k every 2 yrs
- 12% esclation on MG every 3 yrs
- Buy Back offer
Contact: 020 66899290