IFA Hotels & Resorts launch an exciting concept with Mövenpick

IFA Hotels & Resorts launched a hotel ownership programme in November 2005 with sales of our first internationally branded hotel residence development in Dubai - the Mövenpick Hotel & Residence Laguna Tower Dubai.

The Laguna Tower project will be managed by the renowned Swiss hotel chain, Mövenpick Hotels & Resorts, following the formation of a partnership between IFA Hotels & Resorts and Mövenpick Hotels & Resorts. The partnership plans to identify and develop hotel residence projects throughout the Middle East and also in Europe, India, Asia and Africa.

Developed by IFA Hotels & Resorts, this is an all-new, branded investment product that has created a genuinely innovative property investment vehicle. The exciting concept combines ownership with a guaranteed minimum return and strong capital growth potential. It allows investors to buy a fully furnished, 5 star branded hotel residence, with rentals providing a guaranteed return of 8% per annum for the first three years. What's more, owners are entitled to 30 days complimentary use every year and have the security of knowing their investment is
managed by a five star international hotel operator.