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Chavigny Real Estate Complex Renovation
France 
France, Nancy
 Q
Offered by:
Return per year:
11.50%
Minimum investment
€ 1
Total value
€321,000.00
 Earn free shares 
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About the property

Located in the picturesque countryside of France, specifically in Nancy, is a unique real estate opportunity. The property, with a price per share of 1 and a value of €321,000, offers an estimated minimal return of 11.5 percent. The Le Criquet operation (54) is situated in Chavigny, near Nancy, in the department of Meurthe-et-Moselle.

This project involves the acquisition of a real estate complex consisting of 2 lots, each accompanied by two parking spaces, a terrace, and a garden. The lots are set to undergo renovations and will be placed in co-ownership for resale on a piecemeal basis.

The goal of this operation is to achieve a cost price of €448,418 and a turnover of €620,000, resulting in a margin of €171,582, equivalent to 28% of turnover after financing. Currently, the operation has secured pre-marketing for 56% of turnover through the execution of a sales agreement, with conditions precedent lifted by the buyer.