We bought a plot in Sitges, obtained the permits and licences, and sold the plot with the licence in place. The whole project took 2 years.
Purchase
€509,250
Permits and licences
€20,000
Total stated costs
€529,250
Sale
€760,000
Profitbefore other expenses€230,750
This project has been completed. Your enquiry will be treated as interest in a similar opportunity.
Data supplied by DNPI Capital. The difference is the sale price less the purchase price and stated costs. Taxes, financing, transaction costs, fees and other potential expenses have not been disclosed or included. This is not net profit or investor return. Past results do not guarantee future performance.
DNPI / NEXT STEP
Next: test the project economics
See how the chosen strategy performed in a real project, then calculate your own scenario. Past results are not a forecast for your transaction.
Data and limitations. Figures are supplied by DNPI Capital. The difference before other costs is not the investor’s net profit. A decision requires complete costs, a timeframe and participation terms.
Before your first investment decision
12 questions to ask before buying.
A worksheet to compare properties: entry price, full budget, permits, exit scenario and project control. Open, download or save it as a PDF.
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