Residential Real Estate Construction Business Investment Opportunity in Malé, Maldives
Established | 10-20 year(s) |
Employees | 10 - 50 |
Legal Entity | General Partnership |
Reported Sales | USD 65 thousand |
Run Rate Sales | USD 70 thousand |
EBITDA Margin | 15 % |
Industries | Residential Real Estate Construction |
Locations | Malé |
Local Time | 5:07 AM Indian / Maldives |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Have worked on numerous small projects in Kudahuvadhoo Island previously.
- This will be our first project in Male City and we are looking to construct a 9 storey apartment.
- We have already started construction and have completed construction up to the 7th floor.
- Plan to complete three more apartments by the end of next year.
- Promoter has been working in the field of real estate since 10 years and completed his studies in the UK and Sri Lanka.
- Company's physical assets include equipment, speedboats and lorries.
- Investor will receive a percentage stake in the project and would also receive revenue from one of the apartments which would be leased out in their name. Lease duration would be dependent on the investment size.
- The investment amount ranges from USD 40,000 to 129,701 and would allow the investor to lease out one of the apartments from 5 years to 20 years.
- The monthly rent from these apartments is expected to be USD 1,297 to 1,621.
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Earlier than 15 daysMD, Telecom, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysPresident, Residential Apartment Services, Tokyo, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Metals And Minerals Trading, Chennai, Corporate Investor / Buyer connected with the Business