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Residential Village for over 55’s - Healthcare

INVESTMENT PROPOSITION:
An opportunity to invest in a newly formed real estate company, whose objective is to develop a residential village for the over 55’s, with care and other amenities, in a prime location in the Algarve, Portugal.

•SV will own 100% of an established company in Portugal which is already constructing the 1st phase of housing, with sales in hand.

INVESTMENT MONIES REQUIRED:
•8m Euros equity in SV for 50% of shareholding, and 4m euro short term working capital loan repayable with interest,
OR
•9m Euros loan for 27% of shareholding and 4m euro short term working capital loan repayable with interest.

PROJECTED RETURNS:
The projected overall post tax development profit from the Portuguese project is 37m Euros, over a 4 year period.

•Investor profit 49%
•Investor return: 18.13m
•Investor ROI: 181% over 4 years
•8% Interest payment pa on the 4m working capital (predicted to be repaid within 18 months).
•Early dividend payments through cash flow envisaged within the 4 years development period.
PROJECT STATUS:
Outline planning approval (alvara) for whole village – 235+ apartments and townhouses, shopping piazza, club, nursing home, amenities.

•Detailed licenses obtained for the 1st phase development.
•All necessary infrastructures in place.
•Building contract placed on a design/build basis with major contractor.
•Construction finance in place.
•Sale reservations/promissory contracts in hand.
•Gross profit 1st phase: 5.5m Euros (excluding working capital loan repayment).