Platinium Towers project

Seller profile

Hărăbor Liviu

Unregistered

Seller information

  • Email: liviuharabor81@gmail.com

Location

  • Strada Penes Curcanul, Nr 8A+8B+8C+14 Sector 3
  • Bucuresti (Bucuresti)
  • Romania
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April 15, 2018 Bucuresti (Romania) Share

Description

Platinium towers – demicentral zone of Bucharest

Project composed of 4 main body buildings , one of which is finalized and inhabited , there still being 14 appartments within the complex uninhabited

- Building B being 70% completed

-

- Building C being 40% completed

-

- Building D being 25% completed



300 parking lots available of + boxes

Total surface remaining for construction 26.000 square meters

Selling price being of 7.500.000 Euro + VAT

Procedural steps to be ensued ->

1. Acquisitioning the project in discussion

2. Establishing a contract with a construction company

3. Calculus of built square meter being of 450 Euro/ square meters this adding up to the total price of 11.700.000 Euros + 7.500.000 Euros +VAT = 21.000.000 Euros

4. Adding a commission of 3% of entier value of acquisition



At the end useful square meter is sold for 1200 Euros /square meter . Total of 26.662 square meters x 1200 Euros/square meter = 31.994.000 Euros adding cost per parking lots (300x 10.000 Euros per parking lot= 3.000.000 Euros)

14 appartments from building A x 80.000 Euros each = 1.120.000 Euros

During the start of the construction process there exists the possibility of selling appartments with a down-payment of 10 to 15 percent afterwards for them to be later paid in full during the construction process.

Total 31.994.000 + 3.000.000 (parking lots) + 1.120.000 Euros (14 appartments) = 36.214.000 Euros total project

36.214.000 – 21.000.000 Euros = 15.214.000 Euros profit within 2 years of finalizing the entier project and selling it

Contact number +40763565486

More information

Categories
Land
Id
#3
Views
46
Modified
June 17, 2018

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    7500000.00 €

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