Full building›Feasibility and operation

Your building, One team.

We check whether the building works as a tourist accommodation and if it fits, we have an entire operation: a price, a cleanup and a report.

  1. 1
    We checked the building.Required use, status and work, before buying or reforming.
  2. 2
    We put it into motion.Licences, Reforms, Photos and Ads from all Units.
  3. 3
    We operated as oneReservations, guests and block cleaning. Monthly report.
Fachada from the three-apartment resort building operated by Bliss in the historic town of Toledo View of the Alcázar de Toledo from the building Reformed living room with one of the building's apartments The building, its views to the Alcázar and a living room after the Reformation. Real photos (@ delocromedia).

Collection 2, Toledo:
The building we have been operating.

Three historic resort apartments, refurbished and operated by us for a family group. Prices, reception, cleaning and maintenance, all with one equipment.

Each month they get a report with every euro per channel, every repair with their invoice and inventory a day.

3 unitsan operation, a report
Monthly reportEUR per channel and repairs
ClaimsTo the platforms, we get them

Of every gross 100 €,
How much more?

Example to understand the method, not a concrete building. Each item shall be replaced by actual data.

Ejemplo ilustrativo · base 100.000 €% gross
Annual gross income100%100.000 €
− Channel Commission14%−14.000 €
− Cleaning and laundry10%−10.000 €
− IBI, supplies and insurance12%−12.000 €
− Management and operation13%−13.000 €
= Operating NOI51%51.000 €
− Reserve for Capex, maintenance and gaps9%−9.000 €
= Operating flow prior to debt and profit taxes42%42.000 €

In this example, 51.000 € are operational NOI and, after a 9.000 € reservation, remains 42.000 € before debt and profit tax.

A didactic example, not a projection or a promise. It does not include financing, profit tax and initial investment. Method profitability of a tourist building.

Three ways to work with us.

What changes is who takes up a weak season. We put that in writing after we checked your building.

Fixed rent

We pay you an rent every month.

If it goes loose
We did.
Fits if
That's true.
How it works →

Commission management

That's what you get, but our commission.

If it goes loose
That's what you notice.
Fits if
You want all the better.
How it works →

The amount, duration and expenses included are entered into each building's contract.

What she's asking
a professional investor.

Why buy an entire building and have no free flats for tourist rental?

A single-title building can coordinate the operation and avoid relying on a vote between different owners. That does not guarantee the use of tourism: we have to check the planning, the regulations of tourism, the status of the property and the licences of the concrete asset before buying or operating.

What's to check before you buy a tourist building?

The permitted urban use, the licence and the registration, the title and the statutes, the technical status, the necessary investment, the operating obligations and contracts. The exact requirements depend on location, category of accommodation and intended project.

How's a tourist building's profitability computed?

The actual income with a justifiable employment and a fee is estimated, recurrent operating expenses to get the NOI are counted and then the reserve for spare parts, initial investment, debt and gain taxes are incorporated. A general example explain the method but the decision requires the asset data.

Can we afford to buy a tourist apartment building?

It can be financed but conditions depend on the asset, license, cash flow, guarantees and criterion of each entity. Bliss can order operational data for analysis and the debt proposal is valid by the project financier.

What can Bliss review in an initial assessment?

The location, number of units, current use, available documentation, status, historic income and costs if available and target of the owner or buyer. That review serves to identify missing data and to decide whether a more detailed analysis should be established.

Do you have a building? in mind?

Hector or Eugenio responded to you, not a commercial.