I am seeking funding for a hotel I want to buy in Ukraine. I live in California. Where does one progress for fundi
I am a u.s. citizen and I want to buy a $2 million hotel on the Black Sea. Where does someone budge to return with international financing for unadulterated estate? This hotel is 2 years ancient and is waterfront on the Black Sea next to millions of tourists swamping this nouns annually...a huge money inventor for a hotel owner. Where does someone get your hands on financing to buy this hotel. Are nearby any investor/partners interested out within?
Answers:
Because commercial loans are controlled by the Ukrainian Finance Ministry, it have to be a guard registered next to them. And that ability a Ukrainian ridge.
Several immense European guard concerns enjoy branches contained by Ukraine. I work near Raiffeisen out of Austria, and their Ukrainian branches are call "OTP Bank".
But be aware that as a non-citizen, you will entail Ukrainian system approval to purchase here. You will plausible be required to hold a Ukrainian partner to buy a hotel, and it is probable you will compensate more than the $2 million price surrounded by "gratitude".
I will also caution that "millions of tourists" may be a bit misleading. Most of the society visit the Crimea are standard Ukrainians and Russians, and you won't collect $200 a hours of darkness for a stay. Do your marketplace research.
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Answers:
Because commercial loans are controlled by the Ukrainian Finance Ministry, it have to be a guard registered next to them. And that ability a Ukrainian ridge.
Several immense European guard concerns enjoy branches contained by Ukraine. I work near Raiffeisen out of Austria, and their Ukrainian branches are call "OTP Bank".
But be aware that as a non-citizen, you will entail Ukrainian system approval to purchase here. You will plausible be required to hold a Ukrainian partner to buy a hotel, and it is probable you will compensate more than the $2 million price surrounded by "gratitude".
I will also caution that "millions of tourists" may be a bit misleading. Most of the society visit the Crimea are standard Ukrainians and Russians, and you won't collect $200 a hours of darkness for a stay. Do your marketplace research.