Looking for an investor. Premium-class housing by Community Village.
October 25, 2023
GEO1477974
The first IT city in Georgia on the Tbilisi Sea is 60 hectares of carefully designed territories with a large number of services for residents, modern architecture and stunning views, including a research center, offices of IT companies, recreational and entertainment areas, an innovative environment, system implementation smart - city and much more.
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>Total construction volume: 606806 sq. meters
>Residential: 492435 sq meters
>Commercial: 63671 sq meters
>Educational: 29,000 square meters
>Sports: 21,700 sq. meters
>Average sale price per square meter: $2000
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>Project budget: $600 million
>$558 million ($920 per square meter, 93%) - construction work
>$18 million (3%) - plot
>$9 million (1.5%) - other expenses and risks
>$6 million (1%) - organizational work
>$6 million (1%) - marketing and sales
>$3 million (0.5%) - permits and documentation
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>Project revenue: $1112 million
>Projected profit before taxes: $512 million
>Expected profit per square meter in a pessimistic scenario: +- $920 (46% of the sales price)
>Taxes: $128 million (+- 25%)
>Sales period: 6 years
>Net income: $384 million
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>Conditions for investors:
>1) Volume of funds raised: $20 million
>2) A share of 15% is allocated for investors
>3) Upon completion of the project, distribution of profits to the entire company minus funds already paid and return of the initial contribution. Guaranteed payment of 30% per annum
>4) The minimum investment volume for one investor is $ 1 million
