Different investment possibility in a large piece of land that is currently still used by a business. This area could be developed as residential area with buildings. It could probably be best developed as a B location with a large number of flats or condominiums (condos).The condos on Staten Island could be developed by the residential developer and sold in individual pieces of real estate (usually an apartment house) that are individually owned. Use of and access to common facilities in the piece such as hallways, heating system, elevators, and exterior areas could be executed under legal rights associated with the individual ownership.
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The permits for the residential area are not yet in place and this all need to be executed by the real estate developer that acquires the land for sale. By paying a lump sum deposit the developer could get a license to start the approval process for the licences. Once these licences have been approved the buyer could execute the right to purchase the land and start the building process.
For more information on this residential development project for sale please contact us. We would like to know as much as possible about your background and plans with this residential area so we can if you are a suited investor. Please request more information about this business for sale. You can use the contact page but a phone call (+31-6-24629234) is suitable as well.