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Listing ID: 16782 Last Refreshed: 18/08/2019 4603 Views

Yangon Condo(Half Price)

Asking Price Price On Request
Central Area Building and Construction Businesses Business Real Estate Real Estate Businesses
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Overview

Financial Performance

Monthly Figures
Revenue
Not Provided
Gross Profit
Not Provided
Net Profit
Not Provided
Monthly Rentalt
S$10,000

Operations & Ownership

Owner Role
Full Time

Property Information

Premise Status
Rent

Operations & Growth

Information provided by the seller

Reason For Sale

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Description

YANGON CONDO BULK SALE PURCHASE VENTURE TOGETHER
Unit to be Sale: 3rd and 4th Floor, Total 10 units
Unit: 301(1914sf) , 302(2139sf) 303(2167sf) 304(2139sf) 305(1912sf)
401(1914sf), 402 (2139sf),403(2167sf),404(2139sf), 406( 2194sf) 
Total Build Up : 20,824 sf
Special Price PSF: USD 53 PSF, Total Cost USD1,103,672 (Cannot find this price In whole of Myanmar)
Sale Price for Other Unit when Finished: USD 150 PSF, Original: USD3,123,600
Total Saving : USD 2,019,928
TOP: 24 months
Current Stage: Foundation,ground floor completed
Payment Methods : Installment 24 months
Monthly : USD46,000

Formation : Can set up a Myanmar Foreign Company 

50% share taken , investor min 25% share:  USD 11,500 X 24 months

                             max 50% Share  : USD 23000 X 12


Rental Possible USD 1200-1500 per month per apartment, thus giving est yield of 13-16% per year
Look for partner to share


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