Equity Investors required for the reconstruction of an old castle and farm buildings to loft style apartments.
The project is located in a growing village approximately 35km to Prague City centre. The project will consist of approximately 7,000 m2 of residential space. There is a possibility for the extension of the existing structure and the addition of a new building in the courtyard subject to planning permission. The project would consist of converting the space into budget loft style apartments for sale to the local middle market who want to be outside the city centre but still within close proximity to Prague.
There is a full acquisition and construction finance facility arranged with a local bank. We are seeking partial equity investors for this project with the balance of equity provided by Euro Ventures. The project is expected to take approximately 2-3 years to complete with a very attractive return on investment and will be fully managed by our sister office in Prague.
