Information about project.

Land information:

-Size of the land : 3528 m2

-Green area & roads : 943 m2

-Building Plot : 2585 m2

-Coverage 50%, Coefficient 120% for any commercial building.

-Architecture plans for Show Room & Offices:

Plans provide a building which consists of a basement; ground floor and mezzanine as a showroom and five stories of offices. Plans are ready to be attached on application to get a building permission.

-Ground Floor (Show Room): 764 m2

-Mezzanine (Extra): 380 m2

-First, second, third and fourth floor of offices (4 X 467 m2): 1868 m2

-Fifth floor of offices: 513 m2

-Uncovered verandas (Extra): 316 m2

-Covered Verandas (25% X 3102) extra: 775 m2

-Total Covered area: 4.300 m2

-Uncovered area: 316 m2

-Basement: 1266 m2

TOTAL: 5.882 m2

Other spaces:

-Parking Places: 85

No Transfer fee to be paid.

The investor can save VAT as there is no VAT on the sale of company shares

Feasibility Study:

-Cost of Land: € 4.850.000

-Cost of Construction & Roads & Architect: € 4.500.000 VAT

-Total Cost of the Project: € 9.300.000 VAT

-Selling price of the project (€3.250 X Covered 4.300m2): € 15.050.000 VAT

-Net Profit: € 5.750.000 VAT

-Profit on cost: 62%

-Rental income (€35 per covered m2): € 1.800.000 annually

-Rental income on cost of the project: 19.35