Achkar Real Estates, owner of O Monot Boutique Hotel, is planning to open O Monot Suites, a furnished apartment project adjacent to the hotel in Monot Street, Saifi.
Investment in the project is estimated at $22 million including the cost of the land. Construction works are expected to start in early 2019.
Ghazi Achkar, Chairman of Achkar Real Estates, said that he purchased the land five years ago with a cost of $8 million.
The project will comprise 22 floors, with a tot...
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