Need help?

Residential Real Estate Construction Company Investment Opportunity in Budva, Montenegro

Real estate company seeking project-sharing partner for a luxury residential project of 10,566 square meters.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Residential Real Estate Construction
Locations  London + 1 more
Local Time 8:37 AM Europe / London
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 2.03 million for 25.0% stake (Native Currency: GBP 1,500,000)
Reason: To begin development and construction on the project. The investor will be receiving 25 percent of t... View More
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- We are a real estate investment company based in Montenegro with our parent company headquartered in London, UK.
- Have developed properties with a Gross Development Value (GDV) of just over GBP 106 million.
- We are focused on residential and touristic properties in Montenegro.
- We have a unique in-house local development expertise, extensive capital market knowledge and wide experience in mid scale development schemes.
- Focus strategically on small to large-scale mixed-use development projects and currently operate in the UK and Montenegro.
- Our experience in real estate and business development also spans to Belgium, Central Africa, Morocco, USA and India.
- With sound expertise and an ethical working approach, we have established a long-term track record of performance that fuses leading-edge strategies with experienced operational insight.
- Seeking a profit sharing partner for a residential/resort and spa project with 52 luxury apartments, medical facility and conference hall. We have already worked on 3 similar major projects in the past and also on multiple smaller projects.
- The project is based at Rezevici - Budvaa (Montenegro), a premium and scenic location facing the coast. The urban status of the area is classified as a residential and tourism zone. We are located 10 mins away from the main city.
- The size of the project is 10,566 square meter and the estimated GDV is GBP 23,000,000.
- The land property has been acquired. All the requisite compliance have been undertaken and the plans have been approved by the local government. The architectural design is ready and the city architect has fully approved the project for build. Post-funding and construction permits, we can start ground-breaking and construction immediately. We expect to complete this project in a period of 2.5 years.
- There are 6 employees working in-house on this project. Besides that, we have a team of 5 architects and a legal team. In total, we have 12 people working on this project.
- There is an in-house marketing team to promote the project within and outside Europe. We have received over 30% reservations for the project already. However, we have not accepted any payments since we have not started construction yet.
- Promoter is based in London and has over 12 years of experience in this particular market segment.
Products & Services Overview
We are engaged in land and real estate investment, design and construction, investment management, accounting and legal service. Seeking funding for a luxury residential real-estate project.
Assets Overview
We own 3 development lands in Montenegro however they are not included in the transaction.
Facilities Overview
We have a 3 floor office building property in Montenegro on lease for 5 years. It has an area of 500 square meters. Besides that, we have acquired a 10,566 square meter land area for the project. Our parent company's head office is based in London.
Capitalization Overview
Currently the business is fully funded by the sole shareholder & owner of the company.
Recent Activity
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
19 Investors already contacted this Business. Register below to connect now!
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 active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more