Residential Real Estate Construction Company Equity Stake For Sale in Palma, Spain

We are a residential real estate company established for the purpose of the construction of traditional townhouses using sustainable and environmentally efficient practices. The sites have been acquired and planning permission obtained to construct 6 x 365sqm townhouses in the centre of the most sought after town in Mallorca. Physical assets include half a hectare of land that is owned by the company with all planning and architectural contracts are in the name of the company. The business has land with an area of half a hectare. We plan to build 6 luxury townhouses, each with an area of 385 sqm, 4 en-suite bedrooms, a private garage with an inbuilt electric car charger, living room, kitchen, dining room, private garden private heated pool, a/c, solar, biomass heating, and a clean air filtration system throughout. Centrally located in Mallorcas' most desirable village. The townhouses are 5 mins from the plaza on foot and 12 mins by bike to the beach. Once constructed each home will sell for EUR 3.25 million. The business is entirely funded by the founder, who owns a 100% stake in the company. To date, we have invested EUR 1.2 million in the business. The sites including planning are valued at EUR 4.8M.