OK! Yesterday I seeded a plant tree
Objects what I sell are hotels, business buildings and land developments projects, it means that I must know is my offer good or bad object for investor.
Example one offer with what I`m dealing now:
For sell very good two or free years land development project in Estonia, year ago I was consulting neighbour land project owner about his land development project, they sold 75 properties during one year, but it was planned to be free years project. I’m, 98 % sure, that this project is the best opportunity for investor to make a good deal in Estonia. I can be that confident about this project because I have seen all the papers and projects what makes this offer very attractive. All the papers are ready for verifying.
Property for sell
Property cost 4,7 million euros, total area 250 000 m2
Property district is fast growing and location is from center of Tallinn 5 kilometres, it means that driving from home to center takes only seven minutes.
Property cost: 4,7 million euros
Communications construction: 900 000 euros
Total: 5,6 million euros
Income from selling lands:
Apartment houses land 57338m2 1500.eek-/m2 5,75 million euros
Terraced house land 33373m2 500. eek -/m2 1,1 million euros
Housing land 52620m2 400. eek -/m2 1,4 million euros
Business land 28010m2 800.- eek /m2 1,5 million euros
*Land selling prices are calculated conservatively
Total: 9,75 million euros
Profit: 4.15 million euros,
it makes 68,9 % profit for free years.
۰ Profit calculation does not include real estate value accretion, what was in Estonia last year 17- 24 % per year.
2004-autumn /2005-spring communications construction (all projects are already made)
2005-spring-2006-spring lands selling