Economic rationale / Business Model
The main competitive advantage of the Almargem Water Resort over other water parks is that it will operate 365 days a year.
And the resort will have other advantages that will allow it to diversify its revenue sources in addition to entries to the water park, such as:
– spa & gym;
– restaurant and bar (multi-purpose building);
– vending machines;
– tickets for the river beach and other recreational activities.
Owing to the character limit on this space, please find in annex the Summary of the Almargem Water Resort Economic and Financial Study.
For a comprehensive view of the project we would be pleased to send you, should you wish, the full Economic and Financial Study.
Project financing secured: EUR 7.80 million (30 %)
Self participation: EUR 7.80 million (30 %)
Financing source: Private
All the work done is paid for, so the company has no debts.
The financing was provided by the promoter and a Turismo de Portugal fund. Again, owing to the space limitation and for a comprehensive view of the project, we would be pleased to send you the Almargem Water Resort Economic and Financial Study.
Existing or potential bottlenecks for the realisation of the project / Potential risks
There are no obstacles. The project is under way without reservation.
Furthermore, all approvals are active and we have expressions of interest from the regional and national authorities, who consider this project to be of national interest.
The only potential risk could be the fact that it is an innovative project at national level. However, the project promoter has experience of this type of project in other countries.
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