property partner for both developer and land owner
this is a very smart way for both developer and land owner and been done for too many years around the world
benefits
if you do have a land and looking to build but can afford it or even looking for an expert property developer or builder then partner may be the best solution if you can't get a self build mortgage or if you would like to take the risk of you shoulders
the main benefit for land owner
if your land worth 100k as a land it will be worth 300k as building in such a case having a partner will gain you an extra of 30k - 50k on the top of your land original value this is how it is work
the cost of the planing and the building by the developer will be add on along with your land value so if we says the owner 100k and the developer 120k then the net profit will be 80k and both will be sharing as a percentage 50-65% so as a land owner you will get 150k instate of 100k
for developer and builder
there is a great deal even a single house building you will get work and investment when you get land share you will be sharing the property with land owner by your building cost so if the building will cost 100k from any builder it is means they making a profit so you get a profit in both the buidling and the final value of the property ,profit from the final value value for this project will be 50k