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Residential Real Estate Construction Company Seeking Loan in Fortaleza, Brazil

Real estate development company seeks funds to start construction of 28 quality apartments.

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  Fortaleza
Local Time 7:52 AM America / Cuiaba
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 170 thousand for 35.0% annual interest, 2 years (Native Currency: BRL 903,229)
Reason: To start the construction. Funds needed is around BRL 900K and we will return BRL 1.8M in 18 months.
Collateral Available: USD 340 thousand
Includes physical assets worth USD 200 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Brochure
Business Overview

- Real estate development company seeks funds for a new apartment project.

- Our project consists of 28 apartments 26 are two bedroom units and two exclusive 3 bedroom units.

- Land is just 2 hours and twenty minutes from Fortaleza and surrounded by four separate beaches which are easily accessible by rented car, taxi or bus.

- Each unit will have AC, cable tv and fully equipped kitchen and bathrooms.

- Apartments will have all physical amenities like swimming pool, sauna, tennis court, squash, gym, bar, restaurant and outside deck area. There is also a small football complex with regular tournaments as well as a running track for the fitness user.

- All apartments will have a view of beautiful blue sea waters and the swimming pool.

- We would start construction from next month and it would be completed within 2 years.

- All approvals and permits are in place.

Products & Services Overview

28 apartments with 26 two bedroom units and 2 luxury three bedroom units.

Facilities Overview

Owned 2,750 Sq Mt land.

Capitalization Overview
Not Disclosed
Recent Activity
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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.
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