Industry: Project development
Sector: Residential - High end
SIC Code: 65529902 LAND SUBDIVIDERS AND DEVELOPERS, RESIDENTIAL
Country of Origin: Spain |
Target Areas: Worldwide
A Belgian Family of project developers, who live already more than 45 years in Tenerife with a proven track-record of realisations, have laid their hands on a beautiful project (350-400 apartments and +/- 40 villas, all with sea view) along the coast of Tenerife in a unique location.
They are looking for €20 million to develop the project. They aim for a yearly double digit return over a period of 8 years. Investors receive a participation and a loan agreement.
Price: EUR 20,000,000
Owners already built and sold more than 300 residential units in Tenerife.
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