Want to invest in a hotel?

We are currently working on buying this hotel below and are looking for investors to come in on a shareholding basis, the project is fully sharia compliant the hotel is already muslim owned and doesnt serve any liqour, it caters to both muslim and non-muslim and is the only hotel on the famous signal hill in Cape Town, a stones throw from the city, V&A Waterfront and other attractions. We are looking at an initial return of 9% for investors with that set to rise by at least 25% in the first two years and then levelling to 15 to 20% increase after that. The Hotel is set to benefit from the World Cup to be held in SA in 2010 and the general increase in the tourism industry in South Africa, note that for the past two years South Africa has had the highest tourism industry growth in the world and is in fact our biggest industry by percentage. If you are interested let me know, we initially wanted to finance this through the banks but after much pondering we realised our true objective, i.e to create sharia compliant investments that offer a passive income for ourself and our investors, at the same time we donate some of the shares to charitable institutions or individuals such as widows who cannot afford a share but are Islamically deserving and thereby grant them a passive monthly income.

Here is a link to the hotel's website (which we will be revamping once we take over):-

http://www.signalhillodge.com/

Contact me on info@aconite.co.za if you are interested in investing or for more information