Residential plot - plot 1908
€680,000
Feasibility
Area – 614 m2
120% x 614m2 = 736 m2
736m2 ÷ 3 floors = 245 m2 per floor
245 m2 ÷ 3 flats = 81.5 m2
Total – 9 flats each 81.5 m2
Financial
Cost of land = € 680,000
Cost of building – 736m2 x 900 = € 662,400
Services = € 100,000 (architecture, license, electricity, water, etc.)
Total cost = € 1,442,400
Selling price: 9 flats x €250,000 = € 2,250,000