News
News
Hilton launch the first five star hotel in the Cook Islands
30 November 2007
Hilton International, the world famous hotel operator are expanding their portfolio by developing the first five star hotel in the Cook Islands on the island of Rarotonga. The move sees a huge 225 unit complex being built by the group with a host of on-site amenities designed to give occupants the complete paradise experience with the security of a hotelier they can trust.
movewithus, experts in overseas investment, are offering clients the chance to purchase an apartment in this luxurious location with prices starting from £139,000 for a one-bedroom apartment. Fully furnished and maintained by Hilton International, the apartments do not charge capital gains tax or stamp duty to the potential investor, making the proposition as laid back and hassle free as the tropical location. Investors are guaranteed a 6.5% return during the first year, with returns projected to rise after that.
A particular advantage of the investment is the 28 days per year entitlement the owner has for personal use, 14 of which can be used during holiday season – imagine two weeks in a tropical paradise for your holiday every year!
With a successful global brand like Hilton investing in Rarotonga, investors can be guaranteed sustained interest and an influx of new visitors wanting to experience Western luxury in a tropical location.
Robin King, Co-founder Director of movewithus, said: “We are delighted to be able to offer our clients the opportunity to invest in such a successful global brand. We fully anticipate that the advantages offered by this investment will be received enthusiastically by investors looking to make significant returns.”
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