Luxury Wellness Resort – Montalcino (Tuscany), Italy
The Client was evaluating to develop a Luxury Wellness Resort in the Val d’Orcia area and required Horwath HTL to provide the Residual Land of Value (ABI compliant) for tax and fiscal reasons.
The asset will become the third resort of the Lefay group.
Horwath HTL estimated the residual land value of a Luxury Wellness Resort Project, located in Montalcino, Tuscany, Italy. This required estimating future cash flows for the resort operations considering the hotel units and all the other facilities, and accounting in the DCF for the required CapEx to complete the Project.