AWAKENSanctuary
ENES
The SaleUpdated 2026-09-30

Price Rationale

The price is set at what the property cost to build, restored. The lenses below show what the same asset is worth on other measures — kept separate, never collapsed into a single number.

VALUATION LENSES — $M (DO NOT COLLAPSE) Price (100%)CONSTRUCTION COST $2.7M Replacement valueINTACT, TODAY $4.6M DCFAFTER REOPENING $7.9M Comparable 7×AFTER REOPENING $13.8M

The four lenses

  • Invested / book: ~$2.62M — $2,617,268 contributed by 45 shareholders, evidenced by the registered capital records of the two companies (SUNARP). The price of $2.7M is set here, at construction cost.
  • Replacement value (intact, today): ~$4.6M — what it would cost to assemble and title the land, build 3,782 m² of furnished infrastructure and the autonomous utilities, and reach the same operating readiness in the Amazon today. Building a comparable property takes more than three years, and most foreign-led builds in the region never finish.
  • Income / DCF (after reopening): ~$7.9M — unlevered free cash flow of the operating case at 12% plus terminal value (sale-edition model; restoration is the seller's and sits outside the buyer's cash flows).
  • Comparable, EV/EBITDA (after reopening): ~$13.8M — 7× stabilized EBITDA of ~$1.97M.

The price sits at book and below replacement. The reopening lenses are several times higher — that gap is the buyer's upside. The seller does not charge for the forecast; the seller charges for the building, restored.

What the restoration does to these numbers

The ~$270,000 restoration is inside the price. A buyer comparing this to an as-is purchase should read the $2.7M as $2.7M for an operating-condition property, not $2.7M plus repairs. The operating model's year-one cash need is therefore working capital only (about $150,000 for 12 months), not capital works.

⬇ Download the operating model (XLSX) · Forward-looking figures are management estimates. Confidential.