Land in the Don Bosko Street Tirana
Tirana, Don Bosko Street
27000 m2Square
city
For Sale
0
€ / m²
This land has a masterplan for developing commercial and residential projects and can also be sold on partnership basis.We are pleased to offer for sale this very centraly located land of 27,000 sqm in the Don Bosko Street in Tirana, Albania which is only minitues walk distance to the Tirana City Centre.
This land has a masterplan for developing commercial and residential projects and can also be sold on partnership basis. The current owner is a large construction company that can also do the construction works if neccessary.
Summary of the project
| Destination | Total area sqm | Utilizable area sqm |
|---|---|---|
| Apartments | 105,080 | 99,826 |
| Offices | 18,774 | 15,019 |
| Shops | 22,384 | 21,264 |
| Commercial Gallery | 5,024 | 4,773 |
| TOTAL | 151,262 | 140,883 |
Description of the plot and plans
| 1st Calculation | ||||
| m2-Euros/m2 | Euros | % | ||
| Plot: | ||||
| Plot area: | 27,000 | |||
| Plot price: | 650.00 | 17,550,000.00 | ||
| Transmission tax: | 0.00 | 0.00 | ||
| Agency fee | 0.01 | 175,500.00 | ||
| HMS's fee: | 0.000 | 0.00 | ||
| Total plot cost: | 17,725,500.00 | |||
| Construction: | ||||
| BRP (Gross): | 96,000.00 | |||
| Apartments | 68,850.00 | |||
| Commercial/offices | 12,150.00 | |||
| Underground | 15000 | |||
| BRP (Net) | ||||
| Apartments | 68,850.00 | 71.72% | ||
| Commercial/offices | 12,150.00 | 12.66% | ||
| Underground | 15,000.00 | 15.63% | ||
| Apartments' Construction cost | 250.00 | 17,212,500.00 | ||
| Offices' construction cost | 230.00 | 2,794,500.00 | ||
| Underground construction cost | 200.00 | 3,000,000.00 | ||
| Retaining walls | 0.00 | 0.00% | ||
| Ground level ext eri or works | 690,210.00 | 3.00% | ||
| Urbanization cost | 1,150,350.00 | 5.00% | ||
| Construction sub-total: | 24,847,560.00 | |||
| Project cost | 6 | 576,000.00 | ||
| Licenses cost + Connection to main services | 35 | 3,360,000.00 | ||
| 0.00 | ||||
| 0.00 | ||||
| Insurance policy | 496,951.20 | 0.02 | ||
| Total construction + license cost | 29,280,511.20 | |||
| Marketing fee: | ||||
| Marketing cost: | 0.002 | 148,545.00 | ||
| Total Cost: | 47,154,556.20 | |||
| Incoming: | ||||
| Apartments selling price per sqm | 750.00 | 51,637,500.00 | ||
| Offices selling price per sqm | 1,400.00 | 17,010,000.00 | ||
| Underground space selling price per sqm | 375.00 | 5,625,000.00 | ||
| Total incoming (gross) | 74,272,500.00 | |||
| Profit before taxes: | 27,117,943.80 | 57.51% |