Cross-border investments can reduce cyclical risks and thus improve profitability
A clear strategy for rental and sale needs to be in place at the start
Profitability is to a large extent dependent on good timing for purchase and sale
Close review of the construction process and eventual letting reduces risk
Cyclical market movements can often be predicted
Local partners are essential and must be chosen carefully
In this graph we show the housing prices between 1973 to 2017 in Spain, UK, US, Norway & Germany.
Now working closely with the renowned Miraflores Group, we have also bought 6,000 m2 of land to build 78 onebed flats as part ofan apart-hotel, in the Mijas municipality.
Further afield, approximately 400 000 Norwegians visit Gran Canaria yearly, which generates a high demand for rental properties. IPI is acting as advisor to the Sanchez / Sonnenland Group of Gran Canaria on the development of their property on the southernmost tip of the island. Planning permission is now approved for construction of some 250 apartments for holiday ownership and -lettings.
The IPI Group was founded in 1994 and has since then been engaged in development and management of real estate projects in the United Kingdom, Spain, Germany, USA and Norway. Here you can see some of our projects. For a look at our complete portfolio please visit our PROJECTS page or check out our CURRENT PROJECTS.
Mijas Garden, Spain
IPI Group, together with investor friends, has recently founded Mijas Garden AS, a Norwegian holding company, dedicated to Spanish real estate investments. With an initial share capital of NOK 18,6 mill (some € 2 mill.), the holding company has acquired a 13,000 m2 plot in the historic village of Mijas Pueblo, Costa del Sol. The total building size is 6,000 m2, gross, including terraces and garages, and IPI expects to build 6 villas and 18 town houses. Completion of construction and sales is expected to take about 2 ½ years. The project costs will be financed with equity, loan from a local bank, and pre- sales of some of the units.
Plaza Miraflores, Spain
Together with the Miraflores Group, we have recently purchased all the shares of the Boule Club, which constitutes a plot of 6,338 m2. We plan to build an apart-hotel complex with 72 freehold apartments of 68 m2 each and an office facility of 510 m2. Completion of the new facilities will take 30 to 36 months. The capital infusion of € 900 000, in order to cover costs and take the project to the construction stage, is expected to take place in mid-November 2017.
Properties in Berlin
In 2015 we sold all 1 400 apartments in Berlin which we had managed for Eiendomsfond Tyskland 1 AS since 2006/07. The two remaining blocks of flats owned by Bolig Berlin AS have also just been sold (at a very healthy profit).
See More Projects.