Description
We offer investors a construction project near Barcelona, with a profitability of ~ 35%.
Land for sale for the construction of 4 houses near the city of Matoro.
Mataró is part of the province of Barcelona as part of the autonomous community of Catalonia, it is the capital of the Costa del Maresme. The distance from Barcelona is 33 km.
Land area 3.300 m2 with sea view (distance from the sea 1.5 km)
Plot price: 650.000 € (cheaper than the market)
There is a building permit for 1 to 4 individual houses.
Area of each house: 170 - 200 m2
Building price: 1.200 € / m2
Selling price of the house: 590.000 - 650.000 € (depending on area)
Project implementation period: 18 - 24 months
Profitability of the project: ~ 35%
Total investment: ~ 1.800.000 €
Lending is possible for 50-60% of the total budget at 2-3% per annum.
A residential complex of 20 houses was recently built nearby and all have already been sold, most of them under construction.
We provide detailed information upon request, we can also organize the entire turnkey construction process, to be discussed.