The best development offer. Application deadline: October 30
Application deadline: October 30
The seller is a retiring private investor. The sale offer includes 4 plots totalling 2,369 m². The buyer under the forward transaction is Housing Trust Group, Florida's residential property development market leader participating in the affordable housing Tax Credit Program.
The condition on which the plot is purchased is the obtainment of governmental approval. The local authorities are interested in developing such projects and approve 95% of the applications. The developer has provided a LOI for the purchase of the plot.
In the case of Housing Trust Group's application not being approved the investor retains the plot and can construct an apartment building independently or jointly with the developer. The project budget is $32M (including the price of the plot), the project term is 5 years, the levered IRR is 32%.
Read more at Tranio
Golden Visa in Spain - how to get it?
The passports that open all doors and how to get yours
Tranio.com partners with Opal Group for international real estate investing summits & family office forums in 2019
2018: 4 reasons to buy an apartment in Greece
How can financially independent people get a Greek residence permit?
Russian foreign property investments grow for the first time in 4 years, exceeding $1 billion
The property consists of two two-storey buildings and a plot of 1.73 hectares. There is an opportunity to purchase more land.
Built around 1900, the impressive four-storey building between Wolliner and Kremmener Straße has a long and colorful history as a place for creative industries and crafts. It will now become the fu...
Villa in Amatunda, Limassol area. The villa has a barbecue area, garden with terrace and pool, parking.