Real estate redevelopment operation for the construction of 6 elegant apartments with swimming pool and parking in the South Agricultural Park of Milan, close to the main city services.
Annual ROI from 12% to 15%
Already sold No. 2 apartments out of 6 total
Purchased property ready for full redevelopment
Elegant location surrounded by greenery
Goal min 500 k€
Goal max 800 k€
Annual ROI Max
Tre Castelli - Milan is an investment opportunity that offers an annual return of up to 15% on the amount invested, with an estimated term of 24 months. The investment is made through the subscription of capital shares of the special purpose vehicle Edil D Tre S.r.l, which will be in charge in every aspect of the redevelopment of the building and the sales phase.
Theproperty has already been purchased and 2 residential units have already been sold. The project has already been validated by Banca Progetto, which has provided a non-mortgage loan of €500,000 to the promoting company.
The real estate transaction envisages the creation of aresidential oasis of 6 luxury residential units of energy class A, with a swimming pool and private parking, through the integral internal and external redevelopment of a property of about 1,000 square meters developed on two levels within the South Milan Agricultural Park.
A location of excellence immersed in the greenery of the Park and strategically located a few steps from the subway and the main services that only the city of Milan offers.
The Promoter of the initiative is Montalbano & Partners, a company that deals with the acquisition and renovation of real estate with residential final destination. The company's goal is to create high-quality, functional and aesthetically appealing housing with a focus on environmental sustainability.
Exit from the transaction will occur upon sale of all real estate units andcollection of estimatedproceeds. The developer will liquidate the invested capital and the percentage of profits due. The return will accrue from the time of closing of the capital increase until the company's liquidation resolution.
On the campaign is available the optional Rubrication free of charge for the Investor as the costs are borne by Three - Castles.
The project involves the complete interior and exterior renovation of the existing building located at 51 Via Tre Castelli, Milan, already owned by the company.
At the time of purchase, the existing building consists of a portion already zoned for residential use, a laboratory and warehouse portion, which will be subject to full conversion of use to residential.
The building will be completely transformed into a residential structure consisting of 6 new residential units of large size, more than 120 sq m, distributed on two levels, in addition to garages and parking spaces located within the surrounding park.
A swimming pool for the use of the condominiums will be located within the condominium garden. The residence, immersed in an oasis of peace and tranquility, exudes charm and elegance in every detail.
The goal is to realize 6 apartments surrounded by greenery with high energy efficiency. The SCIA building application is being submitted to the relevant offices of the City of Milan.
© 2023 SiamoSoci Srl a company of Azimut Group - VAT number IT07464370969 - Via Timavo 34, 20124 MI - SC € 87.248,12 fully paid up - Registr. 8, resolution 19002 of 06/08/14