Hotel Asmara Palace

Asmara, Eritrea
Completed

Key Statistics

36.0 meters
Architectural Height
8 floors
Total Floors
1999 completed
Year Built
13 views
Page Views

Basic Information

Structure Type Highrise
Building Use Hotel
Floors 8
Year Built 1999

Height Information

36.0m
Architectural 118 ft
Estimated Property Value

$7.43M

$7,428,575 USD
A Class
$6.14M Estimated $8.72M
Confidence Score
63%
Medium
Jan 25, 2026 5,875 m² (est.) $1,538/m² base
$612.3K Annual Revenue
$51.0K Monthly Revenue
$1,264 Price per m²
8.24% Rental Yield
68% Occupancy Rate
$153 Rent per m²/yr

Valuation Methods

Sales Comparison $9.67M
Income Approach $4.78M
Cost Approach $9.40M

Value Factors

0.51x
Location
1.08x
Use Type
1x
Height
1.05x
Structure
0.85x
Age
1x
Stage
Data Sources: Market Index Class a Inflation Adjusted Floor area estimated Income Analysis Cost Analysis

This is an algorithmic estimate based on location, building characteristics, and market data. Actual values may vary significantly based on specific property conditions, local market dynamics, building condition, recent renovations, and other factors. This should not be used for financial decisions without professional appraisal.

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