Advert ID:8202 / Type:Business For Sale / Sector:Building / Location:Europe / Location:Global / Location:Oceana
Cyprus Investment Opportunity
Opportunity Summary
We are currently offering interested clients an opportunity to invest in a development project to build 10 individually styled houses on 10 individually styled plots on this luxery development which has planning permission and title deeds available.
Greenacres is located on the outskirts of Avgorou in Cyprus. Current project developer Kyriaco Theodoru is seeking an investor to complete the project.
For an investment of 500,000 Euros plus the cost to complete the project of 1.25 million Euros, the return will be approximately 1 Million Euros, which would be a very good return in this current economic climate. The property being priced to sell, but the investor could sell the project at a future date where the net profit return would be much greater.
- Years Established:
- 3 Years
- Property Details:
- 10 Individual Plots with planning permission for luxery villas in Avgorou Cyprus.
- Sales Revenue:
- 2.8 Million Euros.
- Net Profit:
- 1 Million Euros.
- Inventory/Stock Value:
- 0.5 Million Euros.
- Asking Price:
- 0.5 Million Euros.
Greenacres Development
Building 2nd Stage
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