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Project "Purchase of plot designed to organize the construction of urbanization (cottage village) to the construction of 20 prefabricated houses with the subsequent sale "

In the area of the city Palafolls (2 km from the Mediterranean coast, about 50 km from Barcelona to the north) for sale by an area of 8,000 m2 dedicated to building a cottage village.
On the site can accommodate 20 houses of 70 m2 each with a backyard 02/03 weave.
The essence of the project lies in the fact that in Spain many young families can not get housing because of its high cost.
Cost m2 of housing an average of Catalonia is more than 3000 euros per m2. In rare cases,
You can buy an apartment at a price of 1800-2000 euros per m2.
The proposed project prefabricated houses designed to solve the problem of low budget accommodation for young families. One such house to the site will be available on the market at a price of 1600 euro per m2, ie, over 112.000 euro.
Calculation of payback.
Cost of land is 8000 m2 450.000 euros. The cost of acquisition of 20 prefabricated houses 1.200.000 euros. Ie total investment will amount to 1.650.000 euros.
The total value of homes sold will be
2,240,000 euros. Project implementation period, taking into account installation and sale of homes - 2 years.
Profitability in two years - 2.240.000/1.650.000 = 35,8% or 17,9% per annum.

Bailly Trust