Land for sale 27 600m2 in Sosua, Dominican Republic - 1 400 000$
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Business for sale in Sosua! CONSTRUCTION PROFIT ESTIMATE Total estimate of construction on 23 lots with an average of 300 m2 construction per lot with a cost of construction cost of $800 per m2 and retail price of $1200 per m2 provides a profit of $400 per m2 - $400 x m2 = $2,760,000 in estimated net profit. In addition you can add solar to the infrastructure to run the development for roughly 120-150k cost in turn generating 85-95k annually after 18 months you’ll generate that in profit by selling energy to your residents cheaper than the commercial company that currently supplies energy.
HOA FORMULA is as follows $350 for 3 bedrooms $450 for 4 bedrooms $550 for 5 bedrooms
If we average 23 3 bedrooms that’s 8050 per month HOA
Garbage $4000 pesos/month Landscaping $100,000/month Road maintenance $5000/monthly Security $50,000 pesos/ monthly Miscellaneous $50,000/monthly
$3800 monthly for HOA expenses With $4200 per month reserve