Investment Opportunity

I am looking for one or more partners, Total capital needed is $1 M Euro to build 38 more studio apartment units. 19 of which will be permanently leased to the assisted living nonprofit which I started in Hungary, Europe 12 years ago. The 2nd floor will be for short and long term rental for Airbus employees moving into the city and the local community until the need arises to also use for elderly care. Airbus factory is completed and gone online. New highway to the local area completed, & a multi-lane bridge over the river Tisza also completed. Connecting M44 to M5 will increase local commerce to a previously underutilized area in Hungary.

I have a partner there on-site RUNNING PHASE I & NONPROFIT. Yes, we already own the real estate. This Phase II project is ready to start construction this upcoming spring. We have a waiting list for our elderly care services on the nonprofit side of the business. Our return of funds on the real estate side will come from sale of the units and resale of the units again and again when elderly clients pass away and units revert back to the company.

This is a Phase II project of a 10 plus year old Hungarian USA collaboration. Prefer a partner on phase II. 

A 20 year term loan also be considered at low interest rate.

Meet in person for introduction in Boston, USA area or at location in Hungary. City of Gyula.

I usually fly through London on the way to Budapest.

Tibor Hangyal

+1 978-987 9402

nyughaz@kastelykertotthon.hu work e mail

Web: http://kastelykertotthon.hu/

Facebook: https://www.facebook.com/otthon.kastelykert

check out the resort city of Gyula and Var furdo: https://varfurdo.hu/