Boutique Luxury Beach Resort

RESORT SPECIFICATIONS

The business is well known and extremely well established with solid repeat/return clientele.
• 9.5 “Exceptional” rating on Booking.com and has won Trip Advisor’s “Traveler’s Choice” award.
• Built in 2008 on a 5,000 sq meter beach front plot, 1.25 acres, with 46 meters beach frontage.
• The business has a prime location in the center of Diani Beach, a perfect stretch of white sandy
beach, and it is designed with stylish finishes, further and art works completing the harmony of the
concept.
• Diani Beach has been voted between the most beautiful beaches in Africa for 6 years in a row. The
resort is right in the center of it; close to all kind of services and shopping facilities with a shopping
mall just behind the property on the main road.
• The location is just 35 km south from Mombasa international airport, 3km for Diani Airstrip and 50
km from the border with Tanzania.

The property features:
• 8 spacious beach view suites (capacity of 2 pax each)
• 1 ocean front penthouse (4 bedroom with a capacity of 8 pax)
• 1 beach view villa (capacity of 6 pax)
• An infinity edge swimming pool (turtle shaped)
• Water front restaurant
• Beach Bar
• Spa
• A tower facing the ocean for candlelight dinners
• An art boutique
• A beach house
• Staff quarters,
• Managers' Apartment,
• Reception area with parking,
• Plus several stores for food and materials

EXPLANATION OF COMPANY STRUCTURE
• The business is structured via two separate entities: a Kenyan company and a Seychelles company. The figures above reflect the consolidated figures of the two entities.
• The Kenyan company owns the hotel and the land and runs the business on site with all the local licences/authorisations/permits.
• It also pays taxes (VAT and 30% profit tax) in Kenya according to all the Kenyan tax rules.
• The Seychelles company has bank accounts in Mauritius and the bookkeeping is carried out from
Mauritius. It is a booking centre where all international bookings are processed and where most of the profits are booked. Seychelles offshore companies are not subject to any taxes, except the annual registration fees of the company (c. USD $100).