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Nairaland Forum / Nairaland / General / Properties / Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? (24761 Views)
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Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by pimplucious: 8:34am On Jan 15, 2023 |
I am looking at investing in hospitality business but I’m not sure if 60Million naira will be adequate to erect a 20 room hotel and event hall with a capacity of about 500 people max. Cause of the paucity of funds, I’m looking to make it a single story building such that hotel will be on the ground floor while the top floor will hold the event hall. Engineers in the house do you think this amount will be enough to achieve this? Pls let’s have your expert opinion on this. Thanks in advance. 7 Likes |
Re: Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by Ezemarcel(m): 8:36am On Jan 15, 2023 |
Not enough oo Budget 230m 120 Likes 5 Shares |
Re: Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by pimplucious: 8:39am On Jan 15, 2023 |
Ezemarcel: What in the world!!! lol that’s over killing it bro. Can you pls give detailed explanation on how you came about this price? 37 Likes |
Re: Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by Mrkumareze(m): 8:44am On Jan 15, 2023 |
A single storey building to contain all the 20 rooms on ground is never tenable. Or do u want to build a town hall different from .. Well, u should be looking at 2 storey building to get such number if rooms, event hall, bar n reception . Meanwhile, 60M can't even furnish and wire n power the said hotel to a standard .. 176 Likes 5 Shares |
Re: Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by Ofemmanu1: 8:45am On Jan 15, 2023 |
60m can do it, even if it's 10m sef. It all depends on quality, aesthetics, taste, facilities and ratings. Hotels are rated by Stars I e One star, Two stars and the latest one being Seven Star hotels so it depends on you. Meanwhile, there are thousands of hotels with no stars in Nigeria and are still in business. 175 Likes 8 Shares |
Re: Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by spice123(m): 8:45am On Jan 15, 2023 |
pimplucious:Yes, it can but it all depends in the city, location, and people involved in the project. 21 Likes |
Re: Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by Ezemarcel(m): 8:54am On Jan 15, 2023 |
pimplucious:bro hotels are built with high quality materials considering the live load 60m..can't even furnished the house depending on your taste 43 Likes 1 Share |
Re: Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by pimplucious: 9:03am On Jan 15, 2023 |
Ezemarcel: I see people saying 60m isn’t enough. I am pretty sure 50m or a little less will adequately stand the building to roofing level according to my findings. 10 Likes |
Re: Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by Ezemarcel(m): 9:11am On Jan 15, 2023 |
Can you pay me for services if I do estimate for you 3 Likes |
Re: Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by pimplucious: 9:35am On Jan 15, 2023 |
Ezemarcel: Are you an engineer? Have you done similar project before? 7 Likes |
Re: Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by ishadfurnitures: 9:41am On Jan 15, 2023 |
Chat me on this 08099212590 will give you full comprehensive details of what you need with your budget you can achieve the hotels and Conference center we have similar jobs done and past experience as a Civil engineer I can even provide a sketch Architectural drawing so you can first see what you want to build before Full scal drawing and bill of quantity. pimplucious: 3 Likes |
Re: Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by Ezemarcel(m): 9:43am On Jan 15, 2023 |
pimplucious:then why asking us....go ahead now.. 3 Likes |
Re: Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by pimplucious: 9:51am On Jan 15, 2023 |
ishadfurnitures: Thanks unfortunately I am not with an internet enabled phone at the moment. I lost my phone. If you can pls reach me on my email addy: emini_akin@yahoo.com we can start from there. |
Re: Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by habsydiamond(m): 9:51am On Jan 15, 2023 |
Since u will be harbouring humans like you, you must use quality materials so as not to come back with story that touch. The 60M should complete the building of ur 20rooms hotel alone with quality materials but If it's with substandard materials it can build both and u will still have change but the futuristic projection is low. If u know u know 3 Likes |
Re: Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by zeuss: 9:58am On Jan 15, 2023 |
Its enough but the place will be without swag.... wooden doors, no tiles, pvc ceiling. |
Re: Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by ishadfurnitures: 10:07am On Jan 15, 2023 |
Oh okay will send you an email: pimplucious: |
Re: Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by pimplucious: 10:10am On Jan 15, 2023 |
habsydiamond: Actually I’m willing to work around my budget. If 60m won’t be enough for 20 rooms and event hall I can do away with the hall and cut short on the numbers of rooms if need be but i need to be sure of what I’m doing first. 3 Likes |
Re: Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by pimplucious: 10:10am On Jan 15, 2023 |
ishadfurnitures: Good. Will be expecting to hear from you |
Re: Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by ishadfurnitures: 10:11am On Jan 15, 2023 |
Check your email sir ishadfurnitures: |
Re: Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by pimplucious: 10:30am On Jan 15, 2023 |
ishadfurnitures: Thanks check your email |
Re: Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by muyico(m): 10:31am On Jan 15, 2023 |
A plot of land worth more than at lagos |
Re: Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by pimplucious: 10:34am On Jan 15, 2023 |
muyico: Yea sure. Sometimes land are far more expensive than the building especially if the building is for residential purpose. I’m sure you know this. 3 Likes 1 Share |
Re: Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by Solsix(m): 11:03am On Jan 15, 2023 |
pimplucious:We are talking about hotel not just residential building 2 Likes |
Re: Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by Fragility6: 11:09am On Jan 15, 2023 |
Ezemarcel:E no tell u say na stadium e wan build 11 Likes |
Re: Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by Ezemarcel(m): 11:11am On Jan 15, 2023 |
Fragility6:what do you know about building 4 Likes |
Re: Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by ASAPFERG: 11:11am On Jan 15, 2023 |
60m will build you 25 room motel(not hotel)
where you will be receiving minimum 3m monthly 4 Likes |
Re: Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by ASAPFERG: 11:12am On Jan 15, 2023 |
Ezemarcel:oga shut up there 230m kill you... 14 Likes |
Re: Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by habsydiamond(m): 11:20am On Jan 15, 2023 |
pimplucious:that's the power of our current economy. |
Re: Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by Ezemarcel(m): 11:37am On Jan 15, 2023 |
ASAPFERG:thank you I checked your comments across other post and realized that you are not worth responding to 14 Likes 1 Share
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Re: Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by Fragility6: 12:29pm On Jan 15, 2023 |
Ezemarcel:Guy 230 million can build up to 3 event centers 1 Like |
Re: Is 60M Naira Enough To Build A 20 Room Hotel And Event Hall? by ishadfurnitures: 12:50pm On Jan 15, 2023 |
I sent past Hotel Construction in Akure to. Your email check pimplucious: 1 Like |
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