Island development business for sale with a return of $12 000 000 over 5 years. Asking price $700 000. Capital investment for development $7 000 000. Total investment income after 5 years $16 809 000. Development for share sales and a monthly rental income scheme.
Ilha de Congo forms part of the Quirimbas Archipelago which is situated along the east coast of northern Mozambique. This archipelago comprising some 30 islands, begins just north of Pemba; the capital city of the Cabo Delgado Province and stretches north towards the Tanzanian border and beyond.
The proponents believe that Ilha de Congo should be developed to offer individuals the opportunity to acquire a lifetime luxurious Island vacation experience to a maximum capacity of 24 guests. In this light, it is foreseen that these individuals would be accommodated in six, two-bedded, self-contained fully-appointed and fully-serviced units located in six separate private and unique locations on the island. Furthermore, it is envisaged that these units would enjoy the facility of a central entertainment and dining clubhouse feature, located at the head of the sand bar on the northern point of the island. Selling weeks consisting of 50 units per year per house. Development of the Island for purpose of unit selling. Development Stage 1 - Preparing the Island to commence building. Development Stage 2 - Actual constructing of six double residences and a Restaurant with a communal lounge.