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Investment Property » For Sale » Romania » Shares In Fully Licenced Project    

Shares In Fully Licenced Project


Location

Romania
Constanta
Constanta

Price

€100,000

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Property ID: 452844


     
 

 Description

Key selling points

  • 170% Return on Investment
  • Fully managed project
  • Building Licence approved
  • Voted 3rd best beach destination on the Black Sea
  • Units already sold
  • Fully Secured Investment
  • Low Risk - High Returns

 

Investment Project , Romania

Land details

2400 m2 near to the beach in a newly developing tourist area, with permission to build 4200 m2, plus basement 1700sqm).

Project approved to build 60 apartments, with underground parking, swimming pools and Gymnasium. Fully Qualified Western Management Team in Place.

Location                                                     Black Sea coast, 200 m for the beach with Sea views

Description of area                                  Newly developing tourist area.

Purchase Price                                         100.000€ per share for a 25% Share in the Project

Only 4 Shares available

...............................................................................................................................................

 

Project Build Out

This gives an idea of what the buyer would make when they purchased the project, but at the same time shows what can be made if the project is taken all the way to build out.

Land Investment Cost              € 400.000

.....................................................................................................................

 Build Costs                                                    € 2.500.000 + VAT

Contingency Fund (10%)                                      €250,000

Total Build Costs                                                   € 2.750.000 + VAT

Administration and operating costs                   €150,000

Total Project Costs                                                 €2,900,000

............................................................................................................................................................

Sales values in this area are between €1,000 to €1300 per meter (including terraces and Balconies)

Sales Income                €4.500.000    + VAT

Commissions 5%             €225.000 + VAT

Net Sales Income                     €4,275,000   + VAT                                                                           

Gross Profit (before tax)                   € 1.375.000    

(Net sales Income - Total Inv. - Build costs)

R.O.I. (+/- in two years)                                                    171%

ROI per  25% share   (€100,000 invested)                    €171,000 

ROI per year 85.5%

 

 
     
     
 

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