Newly Established Commercial Real Estate Investment Opportunity in Quatre Bornes, Mauritius

- Development project with 13 luxury villas and a conference room in a gated community.

- We have LOI from the land owner and we have already started the planning process.

- Project has already 7 sales waiting.

- Planned to start the construction in November of this year and the project construction phase is 18 months.

- Villas are to be sold to foreigners primarily.

- We have completed many similar projects in the past.

- Company has 3 directors with equal shares.

- Company has no liability.

- We are expecting to generate MUR 20 million monthly sales with 30% EBITDA from this project.

- Total value of the land is MUR 32.6 million.

- Return on investment is in a maximum of 3 years (capital plus return)

- We propose a yearly return on investment of 15% or mutually accepted terms.

- The project has an overall positive cash flow.

Planning to develop:

1. 13 luxury villas.

2. Conference room.

3. Gated community.

1. Plot of land is secured and yet to purchase.

2. Initial project investment which we have done.

Total area of the land is 4,970 sq m and we are in the process of acquiring it.

1. Land area per villa - 283.60 sqm.

2. Ground floor build-up - 139.80 sqm.

3. First floor build-up - 76.90 sqm.