High rise Condominium Development in the Visayas Looking for Investment

This condominium development is located in one of the highly urbanized cities in the Visayas. It is a high-rise 36-storey building constructed with modern-architectural design for residential and commercial use. Out of the 300+ units being offered, 65% of the building is sold out, the company is looking for an investor or lender willing to finance the completion of the project in early 2021.

They are looking for a lender willing to loan them the amount of 400 Million to complete the project. However, they are also open to a partner willing to invest 100% (830 Million) or 50% (415 Million). Based on Seller’s computation, partner will have a projected Return of Investment (ROI) of 33.78%.

With the Pandemic’s end in sight, this is an excellent opportunity for any lender who is simply looking to grow their money through interest or an investor with a forward-looking outlook who is interested in owning a commercial property in the Visayas.

Disclaimer: Due to confidentiality of this business, photo used in the web ad is generic and non-Stock and is not in anyway related to the business. To know more about this listing, click on 'Enquire Now' or contact the broker for further details.