Distance from the sea - 0.

Distance from the city center - 1 km.

Land area of ​​66 000m2 with a building permit.

In accordance with a building permit at the site it is possible the construction of residential premises in the amount of 844 units with a total area of ​​80m2 (Apartment 2 + 1) and commercial areas, the construction of which has already begun, and in accordance with the plan of construction is planned to build the following buildings: a sports complex , restaurant, swimming pool and so on. Commercial areas are built up to 70%.

At this stage, it sold 62 units of residential space totaling approximately EUR 2 000 000. Profits from the sale was credited to the account of the owner of the land and accordingly will be transmitted together with the company to a new owner.

Calculations:

The cost of land - 8.5 million euros.

The total cost of construction, taking into account the share of land per unit residential facility - 35 000 euros.

Profit from the project:

According to the market value of residential areas for the region, the average price of similar apartments (2 + 1 80m2) is estimated at 85 thousand euros and above.

Thus profit from the project will be - from 71.74 million euros,

and return of - EUR 42.2 million, ie 143%, presumably per annum, while the implementation of the real estate in full during the year.