Gandia 2 - Spain

Description

Address:


Carrer d'Holanda, 8 , Gandia, Spain


Information:

Cottage village Gandia 2 in Spain. 13 comfortable townhouses in the city of Gandia - the "northern pearl" of the Costa Blanca. Green closed secured area, two-storey apartments in the fresh air with their own garage. Lovely area and excellent living conditions for the whole family.

Key figures:

Construction area : 3.460 m2

Units: 13 houses


Total cost of the project: 

EUR 2.222 million


Total Sales:

EUR 3.25 million


Profitability of the project:

44.6%


Investment needs:

EUR 500 000


Investment return(%)

13% per Year


Period of investment repayment:

14 months


Investment return

EUR 75833,3

PROJECT WITHOUT INTERNAL GASTRONOMY
 
IRR (PROJECT LEVEL)
10.98% p.a. (Return)
EQUITY MULTIPLE:
2.73x
OVERALL DEV. COST WITHOUT INTERNAL GASTRONOMY
CHF 46.6M
LEVERAGE
65%, thereof 40% bank leverage and 25% subordinated debt
EQUITY REQUIRED:
CHF 16.3M
DEBT REQUIRED:
CHF 30.3M