Funded in February 2014 Bosques de Provenza offers a current 8% preferred quarterly cash dividend to its investors and a conservatively forecasted 15%+ IRR total return.
Located in Provenza adjacent to the Casa Kiwi on Cra 36, it is possibly the best location in Medellin, right in the heart of the Zona Rosa and a two minute walk to Parque Lleras.
Bosque de Provenza will feature four short term rental Eco Villas as follows:
- 3 bedrooms, 3.5 bathrooms Loft Style Suite with Courtyard and Jacuzzi (136 sq meters)
- 2 bedrooms, 2 bathrooms Suite with premium views and mini-terrace (99 sq meters)
- 1 bedroom, 1.5 bathrooms Loft Style Suite with premium views and mini terrace (68 sq meters)
- 1 bedroom, 1 bathroom Suite with Courtyard and Jacuzzi (71 sq meters)
All units will feature a select combination of: Jacuzzis, Courtyards, Mini-Terraces, Upgraded Lighting Systems, Mood Lighting, Water Features, A/C, Washer/Dryers, Custom Door/Entry Systems, Green Walls/Features, Fire Features, Accent Finishing’, Ceiling Fans, Bar Areas and more.
Total project funding for purchase of building, remodeling and furnishings was $737,000USD. Scheduled to open for business the last quarter 2014.
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