The property, located in Lørenskog, Norway, offers a unique investment opportunity. Priced at 1000 per share, with an estimated minimal return of 13 percent, the value of the property stands at 2,500,000 NOK. The developer aims to borrow 2,500,000 NOK from Kameo's lenders for the construction of three detached houses at Fjellhamar. With 5,500,000 NOK already lent, the project is well underway.

The developer acquired the property for 10,300,000 NOK in June 2022 and obtained a framework permit from Lørenskog municipality in January 2023. This permit allows for the demolition of an existing home on the land and the construction of three new detached houses. A start-up permit for the project was granted in March 2024, signaling progress towards completion.

The property was purchased on a blank deed, with the company authorized to act on the owner's behalf. This arrangement offers a level of security for investors, as detailed in the information provided on blank deeds and potential risks associated with the project.

Key strengths of the project include an experienced developer with a track record of successful projects, an attractive location in Lørenskog, and a mortgage on the property. Additionally, the project benefits from a parent company guarantee and a personal guarantee from the owner, further enhancing investor confidence.

Investing in this real estate opportunity presents the chance to be part of a well-planned development in a desirable location. With a solid foundation in place and key strengths supporting the project, this investment has the potential to deliver attractive returns for those looking to diversify their portfolio in the real estate market.