3000 Housing Units – Construction Project
Construction of 3000 Housing Units in South of Iraq
Investment of $150 million USD, with ROI of 40-50%
Period 3-5 years, started in June 2022
South of Iraq, in an oil rich city with population over a million
Project owners are looking for an investor
Project overview
We wish to bring to your attention an extraordinary investment opportunity currently unfolding in Iraq, in the thriving sector of residential real estate. The Republic of Iraq, currently facing a shortage of adequate housing alongside a rapidly growing demand, is witnessing an impressive surge in the profitability of residential property development initiatives. This growth has been catalysed by the proactive stance of the Iraqi government, which has implemented initiatives designed to facilitate the purchase of homes for its citizens through government-funded loans.
Presently, we are looking at a significant proposal to invest in a substantial housing complex construction project that is ready to build 3000 residential units in south of Iraq. The estimated total value required for the project's completion, spanning a duration of five years, amounts to 300 million USD.
Last year, the relevant authorities in Iraq officially granted the execution of this project to a well-established local company. The company (our client) has an established record of successfully implementing projects of this magnitude and enjoys financial support from a leading private bank in Iraq.
In an effort to leverage global expertise, this Iraqi company is eager to collaborate with a Danish entity that would not only infuse foreign investment but also bring Scandinavian construction expertise to the table.
The foreign investment needed for this endeavour is projected at 50% of the overall project value, translating to a sum of 150 million USD. The projected Return on Investment (ROI) is conservatively estimated at 40% to 50%, with a structured plan for phased payments back to the investor.
This Danish company, your potential partner, will act as the project's international representative. Their responsibilities will encompass managing the project's finances, ensuring that all necessary guarantees are in place, and preserving the interests of the investor throughout the project's duration.
The currently offered residential units, with areas of 300 square meters, 250 square meters, and 200 square meters, are distinguished by unique designs and modern features, in order to live a luxurious residential experience.
We believe this opportunity presents a significant potential for profitable returns and would be delighted to facilitate further discussions regarding your potential involvement in this venture.
