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Capital Raising

Real Estate project Tenerife

Mandate ID: BE-2-SFE-1-2109-3
Transaction Type:
Capital Raising

Industry: Project development


Sector: Residential - High end


SIC Code: 65529902 LAND SUBDIVIDERS AND DEVELOPERS, RESIDENTIAL


Country of Origin: Spain | Spain


Target Areas: Worldwide


Real Estate project Tenerife

Business Review

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.

Products

Villas and apartments

Services

Project development : Architecture/construction, supervision/sale

Financial Information

Capital required: EUR 20,000,000


Highlights

Owners already built and sold more than 300 residential units in Tenerife.

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