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This new development project, 5 bedrooms luxury Villas. The project’s market value is €2,600,000 and the development cost is €1,700,000 (53% below market value).
constructions time estimate: 18 month.
1. There are 170 shares available at €10,000 each.
2. The villas will be sold and the capital gains distributed to the SPV to reflect the Shareholdings profits.
3. Income for long term rent, 9% per year. (in case the sell process will take more then 18 months)
4. Articles of Association will confirm all information included in this memorandum and will be registered at Companies House plus every shareholder will have a copy.
5.Under company law, a full transparent report will be distributed to all Shareholders.
6.The exit sale will be arranged by KPMG.
8. buildwith will take 10% of capital growth on completion of exit sale.
Sell at least at current market value = €2,600,000
Profit = €2,600,000 – €1,700,000 = €900,000
Total Return = €2,600,000 / €1,700,000 = 53%*
For every €10,000 a return of €15,000*
|Anonymous||€209,000.00||August 07, 2018|
|Anonymous||€1,000.00||August 01, 2018|