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R.E Development
Plot N°:
LAND AREA : 500 m2
ZONE :Maximum horizontal exploitation → 40%Maximum total exploitation → 4
EXPLOITATION : Being in the zone this plot can benefit as follows:
Maximum horizontal area per floor → 200 m2
→ + 20 % balconies → 40 m2
Total Construction per Floor → 240 m2
Maximum Over ground exploitation factor : 2000 m2
+ 20 % balconies → 400 m2
Built up area → +12 % according to the law → 240 m2
Total Built up area → 2640 m2
FINANCIAL :
Price per square meter → 10,000.00$ Total price of the Land → 5,000,000.00$ incidence per square meter → 1,893.94$
Property Analysis
Spacing
Land zoning multiplier Land development factor Allowable built up area Total land cost ($)-Land Registration Fee
Cost Assumptions
Construction Costs / Hard Costs Residential Retail Parking Total built-up area Total Construction Cost including contingency Construction Costs / Soft Cost
• Architectural & Engineering fees for Consultancy & Supervision
• Construction Management fees
• Building Permit(s) fees (Land value assumed @ 8000$/m2)
• Sales/Marketing Commissions (Real estate agent)
• Sales Mangement Commissions (Real estate agent)
• Marketing/Advertisement costs (brochures, CD animation, fence branding, etc..)
• Administration costs (Developer staff for Accounting, PM, etc... & office expenses)
• Legal Fees (Acquisition, Construction contracts, Sales agreements, etc..)
• Professional Liability Insurance (covers against consultancy errors)
• Taxes (VAT difference btw sales and construction invoices)???????????
• Allotement Fees (including Deed issuance) • BANKMED Parking expenses (until levels B6/B7 of the project are operational)
Financing cost (Debt expenses + Interest)
Total Soft Cost including contingency
Financing costs Total Project cost (Hard & Soft costs)
Cost Phasing
Construction Phasing Land Cost Phasing Soft Cost Phasing Street Upgrade
Soft Costs Quarterly Phasing International consultants Local consultants Site supervision Quantity Surveying and Technical Control
Administration and Development fees Building Permit(s) fees Legal Fees Allotment Fees Marketing material costs Total w/o contingency Contingency Total including contingency
1. Summary a. Area Schedule
b. Units Schedule c. Total Costs d. Total Revenues e. Profits on Investment f. Profit made by developing the Land (excluding land acquisition)
2. Assumptions
a. General Assumptions
Inflation Construction Period Number of Days a Year Number of Months a Year
b. CAPEX Assumptions
Land Cost ($/m²)
Land Cost based on development factor
c. Spacing
Land Area (m²) Land development factor - Zone 4 - corner land Estimate sellable built-up area Estimate land cost per m2 - aprox 1500$ void price *If applicable, % of terrace area is included Residential Sales Commission
d. Revenue Assumptions
Commercial ($/m²)
Leased % of total commercial space % of total commercial space available for sale Parking
Residential Parking ($/Car) Commercial Parking ($/Car) Parking Occupancy Rate: Car/day with Turnover factor 2 BankMed Parking Fees (Monthly) Bank Visitor Parking Fee ($) Parking Sales Rate: Additional Car Space for Sale to Residential ($) # of Residential Parking Stalls Apartments Parking Space: Addtnl/ 25 Cars Apartment Parking Stalls for Addtnl Cars (the rest is for visitors) Shops Parking Stalls Bank Parking Spaces (Visitor & Staff) BankMed Monthly Parking Fees During Construction (opp. cost)
e. Financing Assumptions
Debt/Equity Ratio of construction cost
Interest Rate Repayment Period (Years) Grace Period (Years)
3. Cost Assumptions
4. Revenue Assumptions
Residential Sales Schedule Y-2 Y-1 Y1 Y2 Y3 Y4 Y5
Annual Sales Phasing Schedule 20% 40% 30% 10% 0% 0% 0%
Retail Sales Schedule Y-2 Y-1 Y1 Y2 Y3 Y4 Y5
Annual Sales Phasing Schedule 20% 40% 20% 20% 0% 0% 0%
Profitability
Project cumulative profit from cash flow
Project Financing
Debt injection
Interest yearly
Interest value
Project Schedule
Project construction starting date
Project construction period
Project sales period
Area (March 09) 09) Area (March 09)
scratch
