Hotel developments can take various forms, depending on the target market, location, investment strategy, and intended use.
Full-service hotels, such as can be found within luxury resort areas, offer a wide range of amenities, including restaurants, room service, conference facilities, gyms, and are focussed on business travelers, tourists, and conference attendees.
Limited-service hotels typically don’t offer on-site restaurants or extensive leisure facilities, and are aimed a the budget-conscious traveler, or those looking for a more simple and cost-effective stay.
Boutique hotels will usually have a unique design or purpose, often associated with the location, character, and even the owner who may be a famous personality.
Luxury hotels are high-end accommodation as inferrred by the title to offer exceptional services, and all the luxury amenities one would expect such as fine dining, spas, private pools, and concierge services.
Affluent tourists, business executives, and travelers seeking premium services and exclusivity would more than likely be foyund using a hotel that comes under the luxury category, hotels such as Five-star hotels, and brands like Ritz-Carlton and Four Seasons.
Resort hotels are located in leisure destinations (beaches, mountains, or resorts), and these hotels provide recreational amenities like golf courses, pools, spas, and activities.
Extended-Stay hotels, such as Residence Inn by Marriott, offer accommodations designed for longer stays, featuring larger rooms with kitchenettes or full kitchens, and are aimed at people who are relocating, or guests needing temporary housing.
Select-Service Hotels, such as Courtyard by Marriott and Hampton Inn, are similar to limited-service but may offer some extra amenities like a small breakfast bar or convenience shop.
Mixed-use developments are integrated into larger complexes that include other types of real estate such as offices, retail spaces, and even residential areas. These offer an all-in-one urban experience, often encompassing the skyscrapers or properties combined with shopping malls or residential buildings.
Convention center hotels, that are located next to or within convention centers and are designed to accommodate large groups for events, conferences, and conventions, and cater to conferences, corporate sessions, and exhibitors.
Each type of hotel development caters to a wide range of market needs, from budget stays to high-end luxury experiences.
Why Buy or Invest in New Real Estate Developments in Seychelles.
Seychelles is one of the top tourist destinations in the Indian Ocean, attracting visitors for its beautiful beaches, clear waters, and unique natural beauty. This consistent tourism influx ensures a steady demand for vacation homes, rental properties, and hospitality-related developments.
Seychelles offers a relatively low-tax environment for property investors. There is no capital gains tax, and the real estate market is relatively deregulated, which benefits foreign investors.
New and off-plan real estate projects often cater to the high-net-worth individual (HNWI) market, featuring luxurious amenities like private beaches, high-end resorts, golf courses, and spas. These properties tend to appreciate well over time due to their exclusivity and high demand.
The Seychelles government allows foreign ownership of real estate, with certain regulations in place for larger developments (for instance, properties above a certain price point require government approval). However, foreign investors are typically welcomed, especially in the luxury market.
The islands offer an exceptional quality of life, with tropical climates, stunning landscapes, and a peaceful lifestyle. Many investors purchase property for personal use, either as a second home or as a retirement destination.
Seychelles’ location between Africa, Asia, and the Middle East makes it an ideal destination for both tourism and business activities. This strategic positioning increases its attractiveness as a destination for foreign investment and international visitors.
Investing in new real estate developments in Seychelles offers a compelling mix of benefits, from high returns on investment, strong demand driven by tourism, and the country's attractive legal framework for foreign investors.