The Royal Development Group has acquired a prime 560,000 square meter site in the Medellin – metro to develop a 391 + unit master planned community consisting of suites, residential lots and commercial units in upscale variante las Palmas via aeropuerto.
The combined development will be a first of its kind premier living community featuring upscale suites units and residential lots complimented by high-end common area amenities, such as a on-sight outdoor fitness course and state of the art commercial zone. Residents will benefit from the close proximity to metro-Medellin while retaining exclusivity in an all-inclusive recreational and living environment.
The high returns are due to the pre-sales development model used, where sales revenue funds the construction of the Project, limiting required equity and boosting returns.