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Capital Raising
Alpine residential district

Mandate ID: AM-1-ASA-3-1804-3
Transaction Type:
Capital Raising

Industry: Real Estate


Sector: Construction of buildings


SIC Code: 15220000 RESIDENTIAL CONSTRUCTION, NEC


Country of Origin: Armenia |


Target Countries: Armenia


Target Areas: Worldwide


Business Review

Creation of new alpine residential district in the Vayots Dzor Marz region, near the Kechut reservoir, next to the Lermuk resort town. The project envisages construction of private houses in the territory of 40 thousand square meters.
Houses can be up to 3 floors and predictive areas for them are divided into 3 main types.

Financial Information

Price: EUR EUR 41.000.000


Highlights

Budget -50 million USD
Type of Investment - Green-field
Total area of the land -20 hectares (from which 40,000 m2 is building area)
Construction period -2-4 years

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