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Old 09-28-2005, 08:49 AM
property1
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Default Project investment needed for a project in Germany

I'm searching an investor or investors for a project in Germany. The
project consists of a picturesque plot of land set around a 200.000
M2 lake near the Dutch/German border. In the last 5 years a huge wave
of immigration to Germany has taken place in this area.
Permission to subdivide into 350 separate plots has been approved,
building license is a mere formality. The majority of plots have
immediate access to the lake. The land will be bought directly from
the municipality. Strategy is to sell the plots to end users
including building contract with one of the construction partners.

The initiators are looking for a 4.000.000 Euro loan or joint
venture. In return the investor(s) will get a 10% preferential
interest on their loan and a 40% profit split (conservatively
estimated at 14.000.000 Euros). Investment horizon is appr. 3 years.
Spreadsheet, documents of the municipality, pictures and description
of sample homes are available. Extensive due-diligence and market
research has been done with no expense spared. A solid, low risk,
high yield investment.

Please contact me for more detailed information.





Frank Janmaat
Project Development Spain
property1@cybdigital.com (please note the change in Email address!!)
http://www.project-development-spain.com

Telephone: (0034) 679 389 817
952 562 137
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