02/12/2024
BIG LAND FOR SALE🔥
Big land in Didi Digomi. With profit 25-30% per year (only dividing the large land into 9 plots and selling them). Profit with building structures is much more.
Investment Calculation
Land Plot: 19,702 sq.m.
Price: $17,000,000
Price per sq.m.: $860
When subdivided, the plot includes 9 individual land parcels with independent access (as shown in the photo):
8 parcels of 2,000 sq.m. each
1 parcel of 3,702 sq.m.
Considering the current coefficient for a 2,000 sq.m. plot (K2: 4.6), it is possible to construct 9,200 sq.m. of building area, approximately 8,000 sq.m. of which will be available for sale. This location is ideal for a prestigious commercial and residential complex.
The minimum price of neighboring plots, with a relatively lower K2 ratio of 2.5–3.5 and less favorable locations, ranges around $3,000,000 per plot.
Plots can be sold directly or with an agreed-upon project. A pre-approved project with permits could raise the price by at least $500,000, while project and permit costs would be approximately $150,000–$200,000.
Considering these factors and the exclusivity of this commercial location, the minimum price for a 2,000 sq.m. plot is $2,500,000.
Projected Numbers:
8 plots of 2,000 sq.m. (K2: 4.6) = $2,500,000 each
1 plot of 3,702 sq.m. (K2: 4.6), fully facing the central highway and therefore the most valuable = $5,000,000 minimum
Total Calculation:
Purchase Price: $17,000,000
Sale Price:
8 × $2,500,000 = $20,000,000
1 × $5,000,000 = $5,000,000
Total: $25,000,000
Profit:
$25,000,000 - $17,000,000 = $8,000,000
