Guardamar del Segura
м2
Bedrooms
Bathrooms
We are seeking an investor for a property development project to construct a building with 4 residential units for future sale.
The estimated average price for each finished unit is €290,000 plus VAT at 28%.
Below are the detailed expenses:
1. Architect Fees: €1,200 + VAT for Basic Project and Execution Management, and Work Direction: €12,000 + VAT.
Total Fees for Architect, Quantity Surveyor, and Engineer: €23,900 + VAT.
1. Demolition of Existing Housing: €15,000 + VAT.
2. Construction of 4 Apartments with 2 Bedrooms, Swimming Pool, and Solarium: 4 x €115,000 = €490,000 + VAT.
3. Insurance and Certification, Connections: €28,000 + €14,000 + 4 x €9,000 + €17,000 + €23,000 + €6,000 = €124,000 + VAT.
Total for Demolition and Construction of Residences: €629,000 + VAT.
Summary of All Expenses:
Plot: €254,000
Project: €23,900
Demolition and Construction of Residences: €629,000
Total: €906,900 + VAT.
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