Residential plot - plot 897
€690,000
Feasibility
Area – 543 m2
140% x 543m2 = 760 m2
760m2 ÷ 4 floors = 190 m2 per floor
190 m2 ÷ 2 flats = 95 m2
Total – 8 flats each 95 m2
Financial
Cost of land = € 690,000
Cost of building – 760m2 x 900 = € 684,000
Services = € 100,000 (architecture, license, electricity, water, etc.)
Total cost = € 1,474,000
Selling price: 8 flats x €300,000 = € 2,400,000