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Monastery
Investment Overview
- Total land plot: 19,904 m2
- Permission to build: 128 apartments,5 luxury villas plus amenities
- Denomination: A selection of apartments, luxury villas, reception, bar, restaurant, spa
- Design stage: Completed and approved.(amendments possible to buyers request)
- Project acquisition cost: 9,454,400 Euros (475 m2) for the land with designs and permission to build..
- Built up area (sellable): 17,982 m2
- Project build cost: 16,183,800 Euros (900 m2) for a 5 star finish
- Project sales value: 57,542,400 Euros (3200 m2 average)
- Sales and delivery costs: 5,000,000 Euros
- Clear project profit: 26,904,200 Euros*
ROI PREDICTIONS
Depending on the amount of presales achieved, the project return and exposed to deployed funds will vary. Here are a few
potential sales forecasts which will help you gage the best and worst case scenarios, if construction finance is not obtained.
Option 1 -No presales:
- Total deployed funds: 25,638,200 Euros
- Euros
Exposure: 24 months (18 months construction and 6 months of sales and closing out
completions)
- Profit return : 26,904,200 Euros (104.9%)
- Notes: 5m Euros additional costs are mainly deductable at end user sales stage so are
not included in deployed funds.
Option 2 - 50% presales on a 30% down payment:
- Total deployed funds: 15,382,920 Euros (25,638,200 minus 10,225,280 Euros achieved from presales)
- Exposure: 21 months (18 months construction and 3 months of sales and closing out completions)
- Profit return: 26,904,200 Euros (186%)
- Notes: The sales to end users or second tire investors are based on a very competitive 30% down
payment of the property sales price with the following 70% due on completion.
Option 3 - 80% presales on a 30% down payment:
- Total deployed funds: 10,225,280 Euros (25,638,200 minus 15,382,920 Euros achieved from presales)
- Exposure: 21 months (18 months construction and 3 months of sales and closing out completions)
- Profit return: 26,904,200 Euros (316%)
- Notes: The sales to end users or second tire investors are based on a very competitive 30% down payment
of the property sales price with the following 70% due on completion.
*Estimated on current market conditions
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