5-star resort hotel valuation in Punta Mita

5-star resort hotel valuation in Punta Mita – Nayarit, México

Key Service: Hotel Valuation
Location: Nayarit, México
Product: Appraisal
Office: Mexico

Overview

Horwath HTL was the company selected to carry out an appraisal of a 5-star Hotel Resort for an international luxury brand in Punta de Mita, Nayarit. This appraisal allowed the Hotel Group to obtain a target market price for an international real estate transaction. The appraisal was carried out with the highest international valuation standards and techniques. Horwath HTL used the 3 valuation techniques: 1) Construction Value 2) Capitalization of rents and 3) Market comparison. The construction value method consisted of adding all the construction costs of the Resort, subtracting the depreciation of the constructions, special facilities, accessories and complementary facilities. The market method consisted of carrying out a comparative analysis between similar properties for sale in the area and, finally, the method of capitalization of rents consisted of discounting the Net Present Value bringing the hotel flows to Net Present value, for this we used the income of the rooms as well as food and beverages, operating expenses, deductions and the capitalization rate (CAP Rate).