Real Estate Construction Company Investment Opportunity in Birštonas, Lithuania
|Run Rate Sales||Nil|
|Industries||Real Estate Construction|
|Locations||Vilnius + 1 more|
|Local Time||10:31 AM Lithuania|
|Listed By||Management Member|
- We are a business and accountant consultancy firm with operations in handling financial instruments and also behaving as brokers for other projects. We usually serve 10-15 clients on a regular basis.
- Seeking profit-sharing partners for a real-estate development project where we intend to re-develop 12 buildings with a total area of 15,000 square meters and construct 2 new buildings with a total area of 4,000 square meters. The stake is in the project and not in the company as a whole.
- The project is based in Druskininkai, the resort town of Lithuania.
- This is the first time that we are working on a real-estate development project and have brokered similar projects in the past.
- We have acquired the land lease for all the 14 properties that we are developing. Additionally, we have also purchased the 12 buildings that we are redeveloping (not the land since the land has been taken on lease).
- We plan on outsourcing construction by tying up with a 3rd party Lithuanian construction company and project company.
- Post construction, we have already signed a franchise agreement with a Swiss company that will help us in acquiring new customers.
- All the architectural and design plans of the project are ready. The government approval is also ready.
- The project can be fully executed in 3 years. There is an expected ROI of 10 years on the project. The project is based in a residential area however it is a multi-purpose commercial project with a focus on entertainment centers like aqua parks, hotels, restaurants and rehabilitation centers.
Involved in the consultancy and finance sector primarily. However, currently, we seek funds for a major real-estate development project.
The 12 building properties that have been acquired by the business for redevelopment.
6 days, 15 hours agoGM, Civil Engineering & Project Management, Istanbul, Individual Investor / Buyer connected with this business