Outsite Real Estate Club

Invest in real estate assets to be managed, branded and marketed by Outsite.

What is the Outsite Real Estate Club?

Outsite started by leasing properties and investing the necessary capex/remodel to prove our concept and build a network of branded properties. One year ago, we focused on entering into revenue share agreements with the owners. This model has been successful and we have built a good track record in different locations. With the recent pandemic, the real estate market has cooled down and there are plenty of opportunities to turn existing struggling hospitality properties into Outsite spaces while capturing the future long term appreciation.

How does it work?

We target large vacation homes in remote locations and distressed hospitality assets impacted by the pandemic. The target levered IRR will vary between 8% for residential properties and between 15-25% for commercial properties. Outsite will put together a design proposal in case improvements required. Outsite will commit to operate the property for 10 years with option to renew for 10 years. The investor(s) will deal with the legal structure and asset management issues. In certain countries like Portugal and France, Outsite will be able to facilitate financing due to its local relationships with banks. Investors will also get additional discounts when staying in the property they invested in.

Each property is assessed with a full business plan that will be shared with you along with all assumptions and due diligence analysis. The Outsite property management fees are also clearly disclosed in the investment memorandum for each property which you should review prior to any investment. The performance of the property will be tracked and communicated on a quarterly basis.

Contact sourcing@outsite.co to receive curated investment opportunities once a month. You can also send us properties you are interested in purchasing for our sourcing team to assess.

Where will the properties be, and who can join?

We will first focus on properties in the US, Mexico, Costa Rica and Southern Europe where we have expertise operating and a large network of scouts.

Any U.S accredited investor is able to join and place offers. The minimum investments will range from $100,000 to $300,0000 USD depending on the local financing situation. Investors will also receive additional discounts and/or time share allotments when they invest.

Recent Real Estate Projects

This is one of our most recent acquisitions in Sagres, Portugal.

Independent Boutique Hotel

With Outsite

Rooms

11

13

Purchase Price / key Investment € / key

84k€

72k€ 15k€

Gross Revenue Room Services

140k€/y

225k€/y

NOI

75k€/Y

178k€/Y

Lease Served (including var component)

110k€/y (=8,5% yield)

Asset Value (@ 7% CAP rate)

1,57m€

IRR Levered

≃13,5% (70% LTV)

Performance Drivers:

Opex decrease: -27%

Occupancy rate: +15% Revenue: +60%

Recent Real Estate Projects

Purpose-built, 25 room hotel in Playa Hermosa, Costa Rica. Opening as Outsite in November 2023. Total investment 2,7m$.

Independent Boutique Hotel

With Outsite

Rooms

25

Investment € / key

107.950 US$

Gross Income

930.122 US$

Opex

198.750 US$

Mgmt Fee

170.067 US$

NOI

730.536 US$

Net Operating Margin

78.5%

Valuation @ 7% Cap

8.991.083 US$

IRR Levered

25.24%

Recent Real Estate Projects

Purpose-built, 25 room hotel in Playa Hermosa, Costa Rica. Opening as Outsite in November 2023. Total investment 2,7m$.