Venn Homesuite: 101 Guide To Be A Hotel Owner Part 2
As per our previous blog being a hotel owner sound like a task and really a turn-off for most when really looking into it. It truly does make one wonder if is there any other way that’s easier, no hassle, one-time payment, and keeps generating income years after the 1st investment.
The answer is Venn Homesuite Investment. So what is it right? It is a hotel investment which adopts the concept of fractional ownership that is open to the general public. This permits those investors who have limited capital but still have a dream to be hotel owners to realise their dream.
This fractional ownership hotel investment is a project by Venn Homesuite Investment Ltd where the prospectus is lodged with the Australian Securities & Investments Commission and the hotel will be built in Sg Nibong Penang Malaysia to cater to the tourist that’s flocking back to Penang after the Covid-19 restriction eases. This hotel is expected to reach its completion of the hotel in 2026.
So what is the project status now? The capital raise is separated into 2 stages namely, stage 1 and stage 2. Right now we are at stage 1 of the capital raise where 75% of shares will be allocated to raise $7.44mil AUD. For this stage, we will be using the capital raised to buy the land to build the hotel plus applying for permits. More info about stage 2 will be updated in our blog upon completion of stage 1 capital raise.
The investors of stage 1 will be entitled to attractive benefits below
✅ Backed by property
✅ Yearly Complimentary Night
✅ Yearly Dividend
✅ Capital Appreciation
✅ Profit Sharing with Developer
To learn more about Venn Homesuite, visit https://www.vennhomesuite.com/.