3. The Investment This is a buy were the buyer profits more than the seller. With good management of the property and some time, the owner for 17M E can make up to 50M E in the span of two years. Also if the owner wants a long term investment, he can develop the land and retail sell the apartments, franchise the 4 star hotels, and run the auditorium and the Marina.
4. In a long term view, this investment is a great defense against inflation. Inflation is expected to be very high in the next few years due to all the money printed by the backs to help the economy. Even in a slow down economy, these unique apartments will sell well with such a great open view on the River and surrounded by a beautiful landscape at only at 15 min from the center of Paris, taking the RER (high speed subway). Also it is near the airport of Orly facilitating traveling (it can take an hour to reach the airport from center Paris due to traffic) and very near to Lyon train station.
6. Location 6 Km from Orly Airport. 13 min by train to the Lyon Train Station. 17 Km from the center of Paris, bordering the Seine River. Subway line D take you in 15 Min from center of Paris
12. Price Unique investment opportunity Price: 17 Million Euros pledged before 30 of March. Plot can be sold directly or through the society that owns it. Market value: Price Waterhouse has audited the project and evaluated it in 30M before the extension approval. The selling agent says he commits itself to sell the land in 6 months for 30M E. and 50M E in two years.
13. Price includes: Freehold plot of 36,750 m2 in Paris: All construction licenses approved and paid for: 190 apartments. Hotel for 128 rooms 4 stars 120 berths Architectural project (by reknownedSpanish Architect Antonio Moneo) approved and paid. Marina for 120 berths and the only private river port (20 boats are now paying 77.000 E/ year) Possible extension of a 100% of the authorized construction surface up to a total of 54.000 M2, equivalent to about 500 apartments of 50M2 in four stores and equal to 1,5m2 for each M2 of land. This would bring the value to about 50M Euros.
22. PROJECT DEVELOPMENT FINANCIAL BREAK DOWN COSTS: Cost of the ground: ....................................................................................................................................... 17.000.000 € Licenses/project/permission of extension to 50,000 m2 of construction…………………...….… 5.000.000 € Construction and development: 50.000 m2 x 1,000 € /m2 =............................................................ 50.000.000 € Other expenses: ............................................................................................................................................ 26.522.400 € Expenses of commercialization: 5% of the sale price ………...... 10.014.000 € Marketing and publicity: 3% of the sale price ................................... 6.008.400 € Financial expenses: 70.000.000 € x 5% x 3 years ............................ 10.500.000 € TOTAL COST OF THE PROJECT: .................................................................................................... 98.522.400 € INCOME: Retail sale price: At the moment in that area, there is nothing for sale in forward edge of the river, what is for sale is in second or third line and is being sold for 3,500 €/m2 constructed. Forward edge from facade to the river and with sport port would have to be sold at least in €4.000 /m2 constructed. TOTAL INCOME (Construction of 50.000 m2 x 4,000 €/m2) =......................................................... 200.280.000 € TOTAL COST OF THE PROJECT: ........................................................................................................... 98.522.400 € NET BENEFIT: ............................................................................................................................................... 101.757.600 €
