SMERGERS in association with I-Deals is organizing a workshop on Business Valuation by Professor Aswath Damodaran on 13th and 14th November at Sheraton Towers, Singapore. Learn More.

Residential Real Estate Construction Business Investment Opportunity in Malé, Maldives

Real estate company looking for investment to complete a 9 storey apartment building.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 70 thousand
EBITDA Margin
15 %
Locations
Local Time
6:44 AM Maldives
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 40 thousand for 10.0% stake (Native Currency: MVR 619,200)
Reason: To complete construction on the apartment.
Includes physical assets worth USD 350 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- We are a residential real estate construction company that is currently working on a new project.

- Have worked on numerous small projects in Kudahuvadhoo Island previously.

- This will be our first project in Male City and we are looking to construct a 9 storey apartment.

- We have already started construction and have completed construction up to the 7th floor.

- Plan to complete three more apartments by the end of next year.

- Promoter has been working in the field of real estate since 10 years and completed his studies in the UK and Sri Lanka.

- Company's physical assets include equipment, speedboats and lorries.

- Investor will receive a percentage stake in the project and would also receive revenue from one of the apartments which would be leased out in their name. Lease duration would be dependent on the investment size.

- The investment amount ranges from USD 40,000 to 129,701 and would allow the investor to lease out one of the apartments from 5 years to 20 years.

- The monthly rent from these apartments is expected to be USD 1,297 to 1,621.

Products & Services Overview

Residential real estate company looking to construct a 9 storey apartment.

Facilities Overview
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How can I be sure that the business profile will be active?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more