Located in the charming country of France, specifically in Boulogne-sur-Mer, is a promising investment opportunity. This apartment property offers a price per share of 1, with an estimated minimal return of 11 percent. The value of the property is 563,000 euros, making it an attractive option for potential investors.
The Le Félix operation (62) is situated in Boulogne-sur-Mer, just north of Le Touquet in the Pas-de-Calais department. The project involves the acquisition of a 976 m² building, which will be divided into 13 housing units. The current focus is on dividing the building and placing the units on raw platforms. These units will be sold in trays, with finishing work available as an optional feature.
This operation is projected to have a cost price of 1,081,356 euros and a turnover of 1,283,142 euros. This is expected to generate a margin of 201,786 euros, representing 16% of the turnover after financing. Currently, the operation has already pre-sold 37% of the turnover through 4 signed sales agreements, indicating strong interest in the property.
Investing in this property provides an opportunity to be part of a well-planned project in a desirable location. With a focus on creating quality housing units and a solid financial forecast, this investment has the potential to offer a stable return for investors.
Don't miss out on the chance to be part of this exciting real estate opportunity in Boulogne-sur-Mer. Contact us today for more information on how you can become a shareholder in this promising investment.