Real Estate Development and Tourism Project Feasibility in Saudi Arabia
Real Estate and Tourism Project Feasibility Studies in Saudi Arabia
Real estate and tourism projects are large, long-term investments whose success depends on location, real demand, development cost and the operating or sales model. A feasibility study brings these elements into one clear model before buying land, starting design or approaching a financing body. Googan prepares feasibility studies for real estate, tourism, hospitality and entertainment projects in Riyadh, Jeddah and across the Kingdom, each built around the project and the requirements of the body that will receive it.
Real Estate Development Feasibility Study
- Site analysis and highest and best use: comparing residential, commercial and mixed-use options.
- Market study: supply and demand, competing projects, rents, sale prices and occupancy based on available data.
- Unit mix and area programme suited to the target segment.
- Development costs: land, design, construction, permits, marketing and financing.
- Financial model: cash flows, NPV, IRR, payback, and sale versus lease scenarios.
Tourism, Hotel and Entertainment Feasibility Study
- Tourism demand: visitor sources, seasons and events.
- Competition: existing and planned facilities.
- Operating assumptions: occupancy, average daily rate or ticket price and other revenue, with sources stated.
- Regulatory requirements: licensing with the relevant authorities such as the Ministry of Tourism or the General Entertainment Authority.
- Financial feasibility: construction, fit-out and operating costs, cash flows, returns and sensitivity analysis.
Studies for Financing and Partners
Studies are prepared to the requirements of the target body — a bank, a fund such as the Tourism Development Fund, a partner or an investor. The financing decision always rests with that body.
Why Googan
- Feasibility studies and economic consulting since 1996.
- ISO 9001 quality-management certification, active and verifiable.
- A study built for each project, not a template.
Start Your Study
Send us the project idea, location and available data, and we will agree the scope, deliverables and quotation with you.
Site and highest-and-best-use analysis
Real estate and tourism market study
Financial model with sale and lease scenarios
Prepared to financing-body requirements
Documents Covered by the Service
Project concept and type Land location and area Plans or designs if available Financing-body requirements if any