Investment project on the 1st line in Rezhevichi

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  • Land, Investment projects
  • Property type
For Sale

Investment project on the 1st line in Rezhevichi

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Description

Investment project for the construction of a 5-star resort in Reževići.

We offer land acquisition in an exclusive location with fully developed project and technical documentation, a business plan, and construction permits.
Exclusive location that spans over 31.821 m2 in Rezevici. Far enough from hectic cities Budva and Petrovac but close enough to enjoy the same stunning sea view and entertainment.
This unique resort space comprises 16 three-bedroom villas and 28 5-star condo-hotel units, totaling approximately 32,000 m2.
5-STAR CONDO HOTEL: 28 One-bedroom apartments, a sea-view restaurant with terrace, SPA zone, indoor and outdoor swimming pool.


LUXURY VILLAS: 16 Three-bedroom villas, private infinity pool, private entrance with 2 car parks.

PRIVATE BEACH: 160 m long beachfront, 18 guest car parks with expansion potential, beach club with amenities.


TOTAL GROSS 13.583,16 m²
TOTAL NET AREA 10.205,42 m²
SALEABLE AREA 8.029,04 m²

EXPENSES

LAND = 27.563.689,02 EUR
*this price includes paid utilities and construction permit
CONSTRUCTION = 20.646.202,98 EUR
*this price is excluding VAT (21%)
OPERATIONAL COSTS = 8.635.396,80 EUR
*this price is excluding VAT (21%)
TOTAL = 56.845.288,81 EUR

SALES

HOTEL 28 apartments + 24 parking lots = 16.400.000 EUR
VILLAS = 86.000.000 EUR
8 villa type V1 40.000.000 EUR
1 villa type V2 7.000.000 EUR
5 villa type V3 25.000.000 EUR
2 villa type V4 14.000.000 EUR
TOTAL = 102.400.000,00 EUR
*this prices includes VAT (21%)

ROI

SALES + 102.400.000,00 EUR
*this value includes VAT (21%)
EXPENSES – 56.845.288,81 EUR
*this value includes VAT (21%)
VAT VALUE – 15.354.864,04 EUR
*sales VAT minus expenses VAT
TOTAL = 30.199.847,15 EUR
*gross profit

Details

Updated on March 16, 2024 at 2:44 pm
  • Property ID: B0116
  • Price: Contact us
  • Площадь земельного участка: 31821 m²
  • Property type: Land, Investment projects
  • Property Status: For Sale

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