The plot is close to the road and 33 km from the city center , 30 km to the sea . The total area is 2.780 m ² , the maximum hight of the allowed building is 9 floors . The total closed area can be 2.700 m² , this means you can build 30 apartments or shops , each with 90 m² of living space .
The price for the plot is 600.000 Euros , construction price is 250 € / m² , which means the cost of construction will be 675.000 € . The total price will therefore be 1.275.000,00 Euros .
The sales revenue per m² is 750 Euros ! The total ampunt of sales revenue from the apartments is 2.025.000,00 € , which is a profit of more than 58 percent .
The expected annual rent of all appartments and shops would be 110.000 Euros , which means that the annual yield is around 8.63 .
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