KAMIEN POLAND
2 HOUSES CONSISTING OF 4 FLATS
- Feasibility study
- Plot of land sourced and purchased
- Design provided, Planning permission acquired
- From that moment construction mortgage stepped in minimising cash investment to only 20%
- Building process 6 months together with landscaping
- 4 flats sold (1 off the plan, 2nd in 4th month of building project)
|
|
IN THIS PARTICULAR CASE AFTER PURCHASING LAND, PREPARING DESIGN AND OBTAINING PLANNING PERMISSION INVESTOR TOOK CONSTRUCTION MORTGAGE (80% LTV)
CASH INVESTED:
REST WAS FUNDED BY BANK CONSTRUCTION MORTGAGE HENCE REAL RETURN ON INVESTOR CASH INJECTION CAME TO - 103%!
CASH INVESTED:
- £41,000.00 WERE INVESTED IN LAND / PLANNING / MANAGEMENT
- £15,000.00 IN FIRST STAGE OF CONSTRUCTION PROCESS
REST WAS FUNDED BY BANK CONSTRUCTION MORTGAGE HENCE REAL RETURN ON INVESTOR CASH INJECTION CAME TO - 103%!