Investment opportunity for 2 Luxury Villas July 2023

2,401,860 USD

Iberie in Tanger

1200 m² 2 Pieces 5 Rooms 4 Bathrooms Good condition Less than 1 year

Full description

Property type: Villas
Property Status: Projects and Investments
City : Tangier
Neighborhood: Iberia
Year: 2023
Number of buildings: 2
Lot size: 1200 sqm
How many floors: R2
Minimum Profit: 27 000 000 dh
One villa building cost price : 6 000 000 dh
Full cost of one villa : 14 000 000 dh
One villa selling price : 34 500 000 dh
Total construction cost : 12 000 000 dh
One villa sqm : 500 sqm
Average area price villa per sqm : 21 000 dh
Average area price land per sqm : 20 000 dh
Luxury finish villas price per sqm : 4000 dh

Based on these details, the total cost of constructing two luxury villas is 24,000,000 dh (land price) 12,000,000 dh (construction cost) 6,000,000 dh (one villa building cost price) x 2 (number of villas) 48,000,000 dh.

The total revenue from selling the two villas is 34,500,000 dh (one villa selling price) x 2 (number of villas) 69,000,000 dh.

The expected profit from this investment opportunity is calculated by subtracting the total cost from the total revenue, which is 69,000,000 dh – 48,000,000 dh 21,000,000 dh. However, the minimum expected profit is 27,000,000 dh, which means that there is a potential for higher profits than the minimum amount.

Moreover, based on the luxury finish villa price per sqm of 4,000 dh, the additional profit that can be obtained is 4,000 dh x 500 sqm (one villa size) x 2 (number of villas) 4,000,000 dh.

In conclusion, investing in luxury villas in Iberia, Tangier presents an attractive investment opportunity with a minimum expected profit of 27,000,000 dh. The location, size, and luxury finish of the villas make them highly desirable, and the potential for additional profits through luxury finishes further increases the investment’s profitability.

General Characteristics

Property photos

+1 photos

Area

Tanger, Tanger-Tétouan-Al Hoceima