Property Investment Opportunity in Formentera

One of our regular clients is purchasing a beautiful property with a view to opening a boutique hotel on our favourite island and is looking for investors.

Written by Oliver Merlin

Oliver Merlin (with his partner Sarah) is planning to buy property with 6 - 12 bedrooms, situated 150 metres from the beach at the end of the Platja Migjorn. The pre-existing building requires little work and he is looking for €300,000 from investors. This project represents a relatively low-risk, hi-return investment.

This will represent c.30% of the value of the business and the funds will be used to complete the purchase and start-up of the business. The remainder will be covered by Oliver and Sarah and a mortgage. Plans include a roof-top bar and terrace, a yoga area, and a tasteful swimming pool.

If you are interested in finding out more, please call or email Oliver. You can make contact directly in one of the following ways:

Mobil 07837 589 893

email

Oliver@latitude38.co.uk

or

olivermerlin@hotmail.com

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