March 15, 2024

Now You Can Buy The Last Undeveloped Island In The Venice Lagoon For $38.6 Million

Mayfair 101

Followers 37.2K

Businessinsider
Now You Can Buy The Last Undeveloped Island In The Venice Lagoon For $38.6 Million
Mayfair 101
The advertised asking price was more than twice what Mayfair 101 paid for it. We bought it as a distressed asset due to a dispute among the 10 former shareholders/owners.
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Businessinsider
It's just a ten minute boat ride from San Marco Square
Mayfair 101
Venice is a very busy tourist town. The location of this real estate was ideal for high net worth guests and apartment owners to stay or live at.
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Mayfair 101

Melbourne, Australia

Mayfair 101 is an investment group which was targeted by the Australian Securities & Investments Commission in 2020 on a misconceived basis. At the time 570 Australians had subscribed for $211 million of debt instruments offered by the group. This triggered 20+ legal proceedings, hundreds of millions of dollars of damage, and left Mayfair 101's lenders without payments for nearly 4 years. Mayfair 101 is committed to protecting its clients against the mistaken actions of the regulator.

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