Hello, I recently found out we have about 2700 m2 of land that I can convert from agricultural land to land where residential buildings can be built (get building permit etc…). The land has no threes and its just a flat piece of land close to already existing village with good connections to major cities the land is located in Europe. I know converting and getting permits wouldn’t happen overnight but I just found out it’s possible and I just wanna know if I would do this where would i look for investors. I also want to buy a bit of land beside our property to expand it a bit, but as of right now I’m still open to ideas and working on sketching the project cause I’m thinking about 5 houses with maybe 3 or 4 houses being twin houses. A rough investment cost in this project would be around 1mil to 1.5mil but the return would be anywhere from 2-3mil. I know there isn’t a lot of information to go off right now and I’ll post the sketch and “blueprint” when I finish it. As of right now I just want ideas how would I find someone or more people that would invest in this and how could I get the profit myself.
How can I find investors?
byu/Gorilla_Zoe inrealestateinvesting
Posted by Gorilla_Zoe
1 Comment
Check out local real estate investor meetups or join Facebook groups for your area – that’s usually where the serious money hangs out. Also hit up commercial brokers since they deal with these kinds of deals all the time and probably know people looking for projects like this