According to the data announced by the Turkish Statistical Institute (TÜIK), ...
Project Description:
Construction of a complex of 12 country houses in Kent, Connecticut
Location 1.5 hours by car or train from New York
Close proximity to Kent Falls, Waramaug Lake State Parks and other nature reserves
Plots are sold with a ready-made building permit
Modern architecture and engineering, 370 sqm area + garage and pool option
The cost of the finished house – $ 1.25 million
Project financing:
Entrance for investors – from $ 150 thousand
Net forecasted profitability – from 20% per annum
Investment return period – 18 months
Total capital required – $ 4.8 million
Bank financing – 50% of the total project cost
Benefits:
Timeliness of the project – high demand for country houses during a pandemic, lack of quality supply
Reliable developer – 6 completed projects with a yield of 15-27% per annum for the investor, he also invests his own funds
Progressive scale of profit distribution – the developer is motivated to maximize profitability
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