- Country: Zambia
- Industry: Real Estate
- Stage: Expansion/Growth
- Years in operations: 23, Employees: 53
- Investment size: $5,000,000 / min. $1,000,000
- Type of investment: Debt, Equity
Estate Developer Needed.
2 Hectares prime land available in Lusaka, the Capital of Zambia for development of 100 medium cost housing units. Situated next to a Hotel.
The available 2 hectares land is available for a private developer - 100 housing units for sale or renting out.
The land belongs to a hotel.
The land is virgin and the business is a start-up because it will be treated as a separate business from the hotel which owns the land.
Depending on the requirement of the developer, terms and profit sharing or loan repayment can be discussed.
The project is anticipated to start as soon as possible.
The Housing units are projected to costs $50,000 each to construct and will be sold at US$95,000 each once complete.
A total of US$5 million is required for this project
Located in the prime area of Lusaka along the great east road/lusaka International Airport Road
Rationale for the deal
To take advantage of Zambia's housing deficit standing at 2, 500 million housing units.
Increased demand for housing units in the target area
Opportunity for the investor
Construction of 100 housing units in Lusaka. The will be sold off once built. Some can be rented out depending on what is agreed with the developer
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