This one is a very interesting option of low-income housing for police officers of The State of Cearį inside of Fortaleza City right next to the new Police Academy.
There quite a few investment groups hovering over this investment and time is of essence.
The purchase of the land price is R2,200,000. Landscaping, project design and licensing = R2,700,000 + R2,500,000 for phase one of construction is necessary. TOTAL = R7,400,000
As soon as the land acquisition, project design & approval is complete financing by the Federal Bank Caixa Economica is guaranteed which will render immediate sales for 100 (risk is zero 0) to be sold in 9 months or less.
250 houses at R52,000 = R13,000,000 150 apartments at R62,000 = R9,300,000 50 houses at R72,000 = R3,600,000 50 houses at R87,000 = R4,350,000 TOTAL = R30,250,000
Project administration (25), management (5), (10) error margin = 40 R30,250,000 40 = R18,000,000 R9,400,000 = R8,600,000
This should be earned in a period of twelve (15) months or less. This translates into 100 annual Return on Investment in less than (2) year period.
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