A letter of approval has been received from the Economic Development Board on 21 June 2018 for the development of 56 IHS units within the upcoming Les Salines Beachcomber Resort and Spa.
The sale is expected to start in 2020 and the construction will be made simultaneously with Les Salines Beachcomber Resort and Spa.
Upon purchase, the buyer will own an IHS unit at Les Salines Beachcomber Resort and Spa which has to be compulsory leased to the hotel operator.
In exchange the owner gets a fixed return per annum in Euros and 30 nights stay per year at the hotel (conditions apply)
After 7 years, the IHS company will have the option to purchase back the unit