Assignment: Invast Hotels valued the property and operation of the Food & Beverage part of the hotel, the Gastrobar in Vlissingen.
Legal rent review valuation (Section 303)
Renting a hotel is subject to specific rental legislation, namely the retail rent regime, often referred to as ‘shop rental’ legislation (Section 7:290 et seq. of the Dutch Civil Code). The rental/letting of hotels must also be conducted under this rent regime. It is important for tenants and landlords of hotels to mirror the rent on the rents of other, comparable hotels. The rents of comparable hotels are also called the reference rents, which are the benchmark for ensuring that the current rents are correct. The specialists of Invast Hotels can determine the actual rent for your hotel, based on its situation.
Section 7:303 of the Dutch Civil Code gives both investors and tenants the legal option of a rent review. This can mean a significant reduction or increase in the rent for landlords and hoteliers. In principle, a request for adjustment of the rent can only be made after the first rent period has expired. Subsequently, at least five years must have passed since the last rent adjustment.
Reference projects legal rent reviews
The rent review is based on comparing the rental value of the relevant property with several reference properties. The rental values of these reference properties over the past five years are factored in the moment the hotelier files a review order. Although the rent is often related to the turnover of a hotel, a rent review does not take into account the operating results of the hotel. The process is based on a mere comparison with the rental values of reference properties. Invast Hotels has many reference data available, especially in Amsterdam and other major cities in the Netherlands.
Assignment: Invast Hotels appraised the property value and operation of the beachhotel development in Koudekerke.
Assignment: Invast Hotels has valued the property and operations of the newly developed Beachhotel in Oostkapelle.
Assignment: Invast Hotels has valued the property and operation of the Beachhotel in Zoutelande
Assignment: Invast Hotels valued the hotel real estate and hotel operation of the Moxy Amsterdam Airport hotel, Hoofddorp.
Assignment: Invast Hotels valued the hotel real estate of the Carlton Ambassador Hotel in The Hague.
Assignment: Invast Hotels valued the hotel real estate of the Monet Garden Hotel in Amsterdam.
Assignment: Invast Hotels valued the real estate and hoteloperation of the Hotel Van Gogh in Amsterdam.
Assignment: Invast Hotels valued the hotel Real Estate of the Design Hotel De Roode Schuur in Nijkerk.
Assignment: Invast Hotels valued the hotel real estate of the four star Motto by Hilton hotel in Rotterdam.
