Joint Venture Real Estate Opportunities in Costa Rica
As a leader in Real Estate, Development, and Construction in the southern zone of Costa Rica, Grupo REMC de Costa Rica SA is seeking joint venture financial partners. We are recognized in the area as the experts in our field, and have opportunities for jv partners such as…..
1. We have several opportunities with land owners willing to put the land into a development corporation, free and clear of all liens, and take a percentage of the project profit as their return. These projects range from small lot subdivisions to major developments. The jv partner will provide investment capital or the ability to finance for the same, and receive a preferred return of the investment, and significant profits as return on investment. The capital invested is typically secured at least 140% by the value of the land.
2. We have several projects where an investor can supply the capital for unit construction, secured by a first lien position on the land, and take a return as shown above.
3. We have situations with area developers seeking model homes in their existing developments, where an investor comes in, builds a single home, and the developer rents that home for use as a decorated model home, while the project is being sold out. They build the home at cost, approx 75% of market value, typically have construction financing programs available for the investor to use, or an investor can use their IRA or 401k to fund the construction. At the end of the rental period the investor takes over the home as a vacation rental, second home, or primary residence.
4. These are specifically jv opportunities for individual investors or financial institutions, they are at least 140% secured by land, and so as not to waste your time or ours, the typical investment is a minimum of $50,000 US, for individual tico homes, and increases to larger amounts for projects, model homes, etc.
5. We have in-house legal, accounting, design, engineering, sales and marketing staff to support the various projects.
6. We are always in need of talented, creative people to work in our real estate, mortgage, construction, and development departments, so feel free to discuss these positions as well when you contact us.
7. We are only interested in jv situations and those capable of doing a jv transaction, WE ARE NOT INTERESTED IN ADDING NEW BANKING RELATIONSHIPS, PAYING DUE DILLIGENCE FEES WITHOUT PERFORMANCE, MORTGAGING THE PROPERTIES, OR OBTAINING BANK FINANCING FOR OUR PROJECTS.
For additional information please contact us at………..
Email paradisecosta@gmail.com
Office 506-2772 2083 Costa Rica
Fax 506-2772 4301 Costa Rica
- Location: COSTA RICA, CENTRAL AMERICA
- it's NOT ok to contact this poster with services or other commercial interests
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- License info: Unlicensed
PostingID: 1431257310