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Real estate developer on Ibiza seeks co-investors

For sale #106666 - Available since July 26, 2023

Company history/background

International interest in real estate on Ibiza

Residential real estate on Ibiza (as a second home) is attracting international interest. This primarily concerns properties with a purchase price of 1.5M to 5M euros.

Company activities

Real estate that needs to be brought up to current standards

However, part of the real estate supply on Ibiza does not meet the expectations of potential buyers. The properties on offer are outdated (both inside and out).

Moreover, there are no extras such as a second bathroom or an outdoor and/or indoor pool. Current owners of this type of property often lack either the means or the willingness to invest in the property's marketability.

As a result, potentially interested private individuals drop out because they are daunted by the prospect of redeveloping a property themselves. They prefer a turnkey solution and guidance throughout the purchasing process from A to Z.

Unique selling points

Real estate development

The entrepreneur in question is an experienced Dutch construction supervisor, having worked for various real estate companies.

On Ibiza, he has assembled a local real estate team. The intention is to purchase properties, redevelop them (renovate and upgrade), and then offer them for sale discreetly on the international market. Sellers and buyers are guided from A to Z by the real estate team.

Other

Participation or project financing

It is possible to participate in the company (this is preferred) or to finance per project and share in the project profits. Participation is possible from 1 million euros.

Personal data

Region
Netherlands
Sector
Construction
Type of company
Other
Legal entity
Limited Company
Type of transaction
To be determined
Life phase enterprise
Starting
Employees in FTE
< 5
Type of buyer
  • MBI candidate
  • Strategic acquisition
  • Investor

Financial information

Turnover last financial year
Confidential
Asking price
€ 500.000 - € 2.500.000
Earnings before taxes
Confidential

Interested or more information?

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Vastgoedontwikkelaar op Ibiza zoekt co investeerders
Netherlands

Profile number: 106666

Date added: July 26, 2023

Sector: Construction


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Vastgoedontwikkelaar op Ibiza zoekt co investeerders
Netherlands

Profile number:
106666

Date added:
July 26, 2023

Sector:
Construction

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