Hotel Development Land 3,966 sqm – Enfidha Industrial Zone, Tunisia
Enfidha

Hotel Development Land 3,966 sqm – Enfidha Industrial Zone, Tunisia

This 3,966 sqm building plot is intended for a hotel project in the Enfidha Industrial Zone, in the Tunisian Sahel region (Sousse Governorate). It allows the development of a business hotel and serviced apartments inside an industrial park hosting multinationals and large plants, a catchment area with no existing hotel supply.

Technical data: 3,966 sqm plot, site coverage ratio 0.60 (2 380 sqm maximum footprint), floor area ratio 1.80 (7 139 sqm of floor area), height ground floor plus two storeys. Price 163 TND excl. VAT per sqm, i.e. 646,458 TND excl. VAT (769,285 TND incl. VAT). Fully serviced: fibre optic, electricity, gas, water, sewerage, solar lighting, 24/7 security.

Potential: approximately 140 units, suited to economy and midscale business brands (Ibis, Campanile, Kyriad, Best Western, Holiday Inn Express) and to extended-stay accommodation. Corporate guests from surrounding industries generate year-round demand, independent of coastal seasonality, with strong MICE potential.

Access: main road 500 m, Tunis-Sfax motorway 2 km, Enfidha-Hammamet International Airport 5 km, deep-water port 10 km.

Reference Contact our agency for the full file.

TURNKEY HOTEL INVESTMENT – ENFIDHA, SAHEL, TUNISIA

Building plot of 3,966 sqm zoned for hotel use in the Enfidha Industrial Zone (Sousse Governorate). Surrounded by multinational industrial companies with no existing hotel supply: captive, recurring corporate demand throughout the year.

DEVELOPMENT RIGHTS
• Plot area: 3,966 sqm
• Site coverage ratio 0.60: maximum footprint 2,380 sqm
• Floor area ratio 1.80: 7,139 sqm of floor area
• Height: ground floor plus two storeys
• Price: 163 TND excl. VAT per sqm, i.e. 646,458 TND excl. VAT — 769,285 TND incl. VAT (19% VAT recoverable)
• Ratio: 91 TND excl. VAT per sqm of buildable floor area
• Fully serviced: fibre optic, electricity, gas, water, sewerage, 24/7 security

TARGET PROGRAMME
Mixed-use complex of 140 units: 96 upper three-star business hotel rooms, 44 extended-stay serviced apartments, MICE facilities, food and beverage outlets and a convenience store, arranged around a landscaped central courtyard.

FORECAST FINANCIAL INDICATORS
• Total investment: 19.1 MTND (5.8 M EUR), around 136,700 TND per unit
• Land cost: only 3.4% of total project cost
• Year 5 revenue: 9.1 MTND
• Year 5 EBITDA: 2.76 MTND, margin 30.4%
• Year 10 EBITDA: 3.49 MTND
• Project IRR: 12.6% — Equity IRR: 15.0%
• Average DSCR: 1.60 (bankable structure)
• Payback period: 8.9 years

LOCATION
Main road 500 m, A1 Tunis-Sfax motorway 2 km, Enfidha-Hammamet International Airport 5 km, deep-water port 10 km, Sousse 35 km.

Indicators derived from a pre-feasibility study, non-contractual, to be confirmed by a dedicated feasibility study. Reference Full investment file available from our agency.