Avenida De Almeida Ribeiro no 612, Macau
新馬路612號國際酒店

Note: This is only an edited photo of the building. The building is currently gutted out without any renovations nor windows.

Located near Ponte 14 and a 10 minute walk west of Wynn Casino Hotel, the former named Grand Hotel is currently for sale and rent.

Macau's leading tourism
Macau has attracted significant investment since opening up its gaming industry in 2002. Ever-growing investment in resort and entertainment projects and related infrastructure has made Macau one of the world’s leading tourism destinations, with the services sector accounting for almost 90 percent of GDP and over 70 percent of total employment.

Highlights

The Grand Hotel 國際酒店 in Macau will be soon listed for sale. Bids are currently being accepted. Contact email: Macau@Rent.hk .

Address location at 新馬路612號.

Prime location for investment.

More about Macau

The latest report from the Economist Intelligence Unit (EIU) forecasts that the Macau economy will see average growth of 11.75 percent in 2013-2014.

EIU expects gross fixed capital formation to fall by almost two percentage points to 17.3 percent this year, and to drop to 10 percent in 2014, news website Macauhub reports.

The report says there is a potential risk that the inflow of visitors from the mainland may slowdown in the two-year period.

Nonetheless, the report says casinos gross gaming revenue will continue to increase.

Photos of the current building condition..

Quick Facts

Population 0.6 million
GDP (PPP):
28.7 billion
26.4% growth
$48,923 per capita
Unemployment: 2.9%
Inflation: 5.8%
FDI inflow: $4.4 billion

Design by Creative Holdings Rent.hk.

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