Hi Agnelo,
I am interested in this Project "Save our ancestral heritage homes"
My Name: Santana R Mendes and I understand that I must invest a minimum of 5 Lakh to be a member.
Please keep me informed..
Thanks & Regards
Mr Santana R Mendes
Saturday, September 4, 2010
Thursday, September 2, 2010
Mario joins the investors club!
Thanks Mario!
I hope we find more of like us who would take it further.
As they say one deed is worth more than 1000 words.
I will will call you once you are back to Dubai.
Thanks Floriano for your support as always.
Agnelo Pinheiro
Mason join the investors club
Hi Mason,
Thanks for you your support and encouragement. The business plan is to convert neglected heritage houses into tourist motels.
A brief outline to your query you could find on my blog. http://goanheritagehomes.blogspot.com
Once we have committed people onboard will discuss the project plan in more detail with all stake holders.
Your willingness to participate is very appreciate. In regards to the investment funds utilisation, You and other stake holder will jointly decide.
But, we will need 50% percent as working capital to run the company for next 3-4 years by this time I reckon company will able to share return on investment by 6 to 10 % per year. I shall be contacting you very soon with more details. However, you are always free to write me and alternatively follow the development on http://goanheritagehomes.blogspot.com
Wednesday, September 1, 2010
Vivek Welcome join the investors club! Project is gaining roots! Thanks to Renne!
Dear Vivek
Thanks for lending your support to this unique project to save our heritage. I share your thoughts and is of the same opinion. Trust me, I or rather we will it to keep it as transparent as any good organisation should be for its survival. Together as a TEAM we will make it as a living example whereby this upcoming project will serve as role model for others to follow. Its not the money that motivates me to pursue this project but sheer love for my GOA. My task is to bring people on board as equal partners and no one (including myself) will have absolute power over the organisation finances, irrespective even I may be the founding member. This project is by Goans for Goans no matter who you are , where you are or which religion you belong. All That matters is GOA! Not a Penney will be collected or ask until we have required 20+ member on board. With money follows devil and that is the destructive cause of every thing. So we as stake holders will have to put all procedures in place. Your word is as important as my word. I'm aware of the trust deficit but this we will overcome well before any of us transact money. I said it before and I stress it again this project must move forward with or without me. The goal is more important than the individual. Rest is assured. For sake of good order communicate all matters on this project on following Email goanheritagehomes@gmail.com
Leave your comment suggestion or share your thoughts on http://goanheritagehomes.blogspot.com
Warm regards,
Agnelo Pinheiro
Thanks for lending your support to this unique project to save our heritage. I share your thoughts and is of the same opinion. Trust me, I or rather we will it to keep it as transparent as any good organisation should be for its survival. Together as a TEAM we will make it as a living example whereby this upcoming project will serve as role model for others to follow. Its not the money that motivates me to pursue this project but sheer love for my GOA. My task is to bring people on board as equal partners and no one (including myself) will have absolute power over the organisation finances, irrespective even I may be the founding member. This project is by Goans for Goans no matter who you are , where you are or which religion you belong. All That matters is GOA! Not a Penney will be collected or ask until we have required 20+ member on board. With money follows devil and that is the destructive cause of every thing. So we as stake holders will have to put all procedures in place. Your word is as important as my word. I'm aware of the trust deficit but this we will overcome well before any of us transact money. I said it before and I stress it again this project must move forward with or without me. The goal is more important than the individual. Rest is assured. For sake of good order communicate all matters on this project on following Email goanheritagehomes@gmail.com
Leave your comment suggestion or share your thoughts on http://goanheritagehomes.blogspot.com
Warm regards,
Agnelo Pinheiro
Follow up message to prospective partners
At the outset I would like to thank you for your passion to save our heritage homes. It’s been 2 weeks, and only handful has expressed their interest in this project. I was expecting good response from the NRG's in particular but it did not happen. However, I’m still optimistic by passage of time the response will get bigger and better. Frankly, I am still getting responses and I hope we should have enough numbers on board in time to Get-Set-Go.
As I said in my initial message, this project is People Partnership Project (PPP) and hence everyone contribution is important to make this truly community project. Besides, Finance, we need expertise from individual like Architect, Curator, Engineer, Hospitality Manager, local famer etc.
The essence of this concept is authentic Goan like dress code for staff Goan traditional clothes, food or cuisine only authentic Goan, Water source only well water, Etc.
But to give head start to this project at this stage we need;
a) Individual who can invest minimum 5 lakhs (minimum 5 years*)
b) Property owners ready to lease property
We will need minimum investment of Rs 2 crores. Rs 1 crore could be used for renovation and refurbishing property to convert into as a hotel property. The balance Rs 1 crore will kept aside for staff salaries and future monetary needs. To make a small beginning we will need 2-4 properties on lease for 25-30 years period with rights to buy if the owner opts to sell the property after the lease expiry
Investors will be equal partners along with the ancestral homes owners. Architect, engineer, Curators are welcome to join. Their services will be compensated with sweet equity and not in cash.
As the world revolves around money, it is important to make this project economical viable which will ensure survival of our heritage homes and profits to the all stake holders. The return on investment or turnaround of profits on investment is approximately between 3-4 years. The profits will be shared as per share equity of stake holders/investors. Property owner profit ratio will be as equity share and will be based on the property valuation at the time of lease agreement.
Current estimate annual revenue on a 4 room property is approx. Rs 18 lakhs to 20 Lakhs @ Rs 1500 ($35) per room night (Rs 1500 X 300 days room occupancy). Deducting property maintenances and staff salaries (40%) the profit will be around 10 lakhs per annum (60%)**.
As a potential stake holder, kindly provide following data.
1Full name
2Current Nationality
3Current residence
4Your Ancestral place in Goa
5Are you Investor?
6If yes, your investment commitment (in lakhs)
7***Are you property owner?
8If yes, location of property
9Additional information of property (No’s of rooms, total house area, plot area, estimate value of the property).
10Contact information
11 Telephone:
12Email ID
The above information will remain confidential and would not be disclosed to any other person or entity.
After collating above data and once we have required number of investor/property owners on board with firm commitment I will circulate general message with all in copy to take it to next level.
In interim, I would request your help to get more people on board by discussing this project with your friends or family members. Together Everyone Achieve More. Please feel free to discuss/suggest ideas to make this economical viable project which will help save our ancestral properties. Only catch: Goa Centric ideas within Goan traditions ambit.
Warm regards,
As I said in my initial message, this project is People Partnership Project (PPP) and hence everyone contribution is important to make this truly community project. Besides, Finance, we need expertise from individual like Architect, Curator, Engineer, Hospitality Manager, local famer etc.
The essence of this concept is authentic Goan like dress code for staff Goan traditional clothes, food or cuisine only authentic Goan, Water source only well water, Etc.
But to give head start to this project at this stage we need;
a) Individual who can invest minimum 5 lakhs (minimum 5 years*)
b) Property owners ready to lease property
We will need minimum investment of Rs 2 crores. Rs 1 crore could be used for renovation and refurbishing property to convert into as a hotel property. The balance Rs 1 crore will kept aside for staff salaries and future monetary needs. To make a small beginning we will need 2-4 properties on lease for 25-30 years period with rights to buy if the owner opts to sell the property after the lease expiry
Investors will be equal partners along with the ancestral homes owners. Architect, engineer, Curators are welcome to join. Their services will be compensated with sweet equity and not in cash.
As the world revolves around money, it is important to make this project economical viable which will ensure survival of our heritage homes and profits to the all stake holders. The return on investment or turnaround of profits on investment is approximately between 3-4 years. The profits will be shared as per share equity of stake holders/investors. Property owner profit ratio will be as equity share and will be based on the property valuation at the time of lease agreement.
Current estimate annual revenue on a 4 room property is approx. Rs 18 lakhs to 20 Lakhs @ Rs 1500 ($35) per room night (Rs 1500 X 300 days room occupancy). Deducting property maintenances and staff salaries (40%) the profit will be around 10 lakhs per annum (60%)**.
As a potential stake holder, kindly provide following data.
1Full name
2Current Nationality
3Current residence
4Your Ancestral place in Goa
5Are you Investor?
6If yes, your investment commitment (in lakhs)
7***Are you property owner?
8If yes, location of property
9Additional information of property (No’s of rooms, total house area, plot area, estimate value of the property).
10Contact information
11 Telephone:
12Email ID
The above information will remain confidential and would not be disclosed to any other person or entity.
After collating above data and once we have required number of investor/property owners on board with firm commitment I will circulate general message with all in copy to take it to next level.
In interim, I would request your help to get more people on board by discussing this project with your friends or family members. Together Everyone Achieve More. Please feel free to discuss/suggest ideas to make this economical viable project which will help save our ancestral properties. Only catch: Goa Centric ideas within Goan traditions ambit.
Warm regards,
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