Thursday, November 21, 2024

PROPERTY DEVELOPMENT FINANCE – ALL YOU NEED TO KNOW

PROPERTY DEVELOPMENT FINANCE – ALL YOU NEED TO KNOW
In this modern age world, developments and new build projects require heavy capital investment. This investment to be done depends on the requirements and preferences. Therefore, knowing about this will help in identifying the best funding solution and delivering the project efficiently.
Property development finance is a cogent required for property developers to fund the construction of a project. This can be either developing new projects or renovating old houses or hotels. This type of finance is usually in the form of a short-term loan, although there is an increasing number of options available on the market to meet the requirements.
WORKING OF PROPERTY DEVELOPMENT FINANCING
This property development finance is a suite of funding options available for any business. By identifying the scope and scale of the needed project, the required funding solution can be identified. From short-term borrowing through bridging and auction finance, property development mortgage facilities, and joint venture finance, there are many solutions available for any project that is undertaken.
BENEFITS OF PROPERTY DEVELOPMENT FINANCE
Property finance can be used to fund a range of construction ventures which might include hotel development, hotels for sale and acquisition, etc. It can be used to finance property conversions, refurbishments, asset management and the purchase of land.
Other benefits associated with it are:
  • The most critical welfare of this credit facility is that it offers borrowers the ability to access a larger sum of money.
  • For the growth of the business, bigger risks can be taken on bigger projects as there will be accessibility to a huge amount of money.
  • With a higher percentage of GDV (Gross Development Value) funded by the property development loan, there is no need to spend much of our own money. This will provide you the option of having financial freedom.
TYPES OF PROPERTY DEVELOPMENT FINANCES
There is a wide range of property development finances for residential, commercial, and mixed-use developments to befit the business growth objectives and current financial circumstances. Some of the most common types of property development finances are as follows:
  • Commercial Mortgages
  • Bridging Finance
  • Auction Finance
  • Portfolio Finance
  • 100% Joint Venture Finance
HOW UNITED CAPITAL PROPERTY INVESTMENTS (CYPRUS) LTD CAN HELP?
United Capital Group is an international property consultancy firm based in Cyprus, offering a huge range of property services. They are specialized in dealing with luxury homes, villas, spacious apartments, hotels, and more.
Their expert team will offer valuable advice and assistance in finding a unique property that meets the customer’s exact requirements. They will ensure that their customers get the best deals on their existing or new high-value property projects through the best advice.
TOP SERVICES OFFERED BY UNITED CAPITAL PROPERTY INVESTMENTS
Some of the valuable services you can get at United Capital Property Investments include:
  • International property finance consultancy.
  • Property valuations and appraisals
  • Hotel acquisition and management advisors.
  • World-wide assessment managers.
  • International property appraisals.
As a prestigious and highly popular property consultancy business, they explain to their customers the acquisition process and secure their desired property at the best possible prices and on the most favorable terms.