Lux Tamassa - SOLD

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Sold for 40,000,000 USD Date of Sale: December 2016
Rooms: 214
Price Per Room: 186,916 USD
Property Id : 30876

Jones Lang LaSalle Property Consultants Pte Ltd has been exclusively retained by Lux Island Resorts Limited (the “Owner”) to offer for sale the upscale Tamassa Resort (the “Tamassa” or “Resort”) situated in Bel Ombre, Mauritius.

Located in the south of Mauritius in the resort region of Bel Ombre, a 40 minute drive from Sir Seewoosagur Ramgoolam (SSR) International Airport, the Resort has 350 meters of beach frontage and is surrounded by lush tropical gardens brushed by white sands. The Resort opened in 2007 and features 214 spacious rooms that are contemporary and vibrant. The Bel Ombre area is fast becoming one of the preferred resort destinations in Mauritius owing to the natural surroundings, pristine lagoon setting and world class golf.

Tamassa represents a unique opportunity for an investor to acquire an operating upscale resort with a strong performance track record and further growth potential. The Resort is owned and managed by Lux Resorts & Hotels, one of the leading resort operators in the Indian Ocean region. Tamassa has been positioned as an upmarket all-inclusive resort with a focus on the European, South African and Asian leisure guest markets.

Tamassa is one of the top performing properties in Bel Ombre and is consistently rated as one of the leading upscale all-inclusive resorts in the region. Low supply growth in the market over the medium term and a strong occupancy base will allow significant profit growth during the coming years. The further value add opportunities, including the expansion of the resort and introduction of new facilities, make this an exciting investment opportunity in a sought after market.

214Detailed information on the Resort, including financial, legal and property information, is available for review upon the execution of a confidentiality agreement.

Nihat Ercan

CEO, Asia Pacific

Adam Bury

Executive Vice President, Investment Sales | Head of Hotel Debt Advisory
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