Located in the charming town of Médis, near Royan in the Charente-Maritime department of France, the La Motte operation presents a unique investment opportunity. This project involves the acquisition of a real estate complex comprising a commercial premises and a residential house, with the intention of dividing them into multiple lots through finishing work.
The commercial premises and residential house will be transformed into a total of 6 lots, which will be sold as serviced platforms ready for development. The necessary planning permissions have already been secured, ensuring a smooth and efficient completion of the project.
With a target cost price of €796,958 and an estimated turnover of €969,050, the La Motte operation is expected to generate a margin of €172,092, representing an impressive 18% of turnover after financing. Currently, the project has already secured commitments for 83% of the projected turnover, with 5 purchase promises already in place.
Investors can expect a minimum return of 11% on their investment, with each share priced at €1. The total value of the property is estimated at €606,000, making this a lucrative opportunity for those looking to diversify their investment portfolio in the real estate sector.
Don't miss out on the chance to be part of this exciting venture in the picturesque countryside of France. Contact us today to learn more about how you can become a part of the La Motte operation and secure your share of this promising investment opportunity.