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ORANGE GARDEN

ORANGE GARDEN
ID 14602
Location Risan
Land Area, м2 6550
Land Price, EUR 393 000
Gross Development (GD) ratio 0,4
Plot utilization index 0,2
Nb of storeys allowed 3
Nb of units 8
Master Plan Approval
TOTAL CAPEX REQUIREMENT /EUR 3 000 500
Funding requirement - investor, EUR 3 000 500
Project timeframe, months 24
Total project revenue - base case EUR 4 691 200
Net profit - investor, EUR 1 690 700
ROI 56
IRR, % 217
Disount rate, % 8
NPV, EUR 1464890

Investment project in one of the most picturesque and popular areas of the Boko-Kotor Bay – creation of high-end secluded community. The project outlines building of 5 three-storey villas with 28 separate apartments, as well as several swimming pools, parking lot, children playground, facilities for 24/7 security personnel with video surveillance.

The plot has a great view of the Boko-Kotor Bay. Due to the cascade structure all villas have 100% view of the sea.

The project includes establishment of property management company that takes care of maintenance of common territory and swimming pools, organizes the work of security personnel and offers wide range of services to satisfy needs of property owners.


 

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+382 69 256 446