Vila Andrea Residence I

We are looking to partner with like minded investors who would like to invest in the Real Estate Market of the Dominican Republic by taking advantage of new government incentives for new developments.  We are raising equity to develop the following project: Vila Andrea Residence. Below you will see the financial analysis, project description, drawings and methodology.  This project has been approved by the most prestigious fiduciary in the Dominican Republic, Fiduciaria Reservas.

Project Summary

Design to live in tranquility with the family, the Vila Andrea Residence is a secured and modern apartment complex of 48 units with elegant termination. Also, the project is characterized for its excellent location in the centric and secure Sector of Valle Universitario of the Province of Santiago (Dominican Republic), only three minutes from the National University of Santo Domingo.

Vila Andrea Residence – Project Detail

  • Location: Valle Universitario, Santiago – Dominican Republic
  • Type of site: Urbanized
  • Development type: Ground up, new development  for sale
  • Site dimension: 3,500 m2
  • Total building Area: 4,032
  • Surface parking: 48 spaces
  • General Contractor: Castillo Construction
  • Groundbreaking: January 2017
  • Completion (planned): March 2018

Financial Feasibility  Summary

  • Internal Rate of Return: 25%
  • Equity divident rates: 56%
  • Equity required: $USD 352,000
  • Equity raised as today: 0%

Profitability ratios 

profitability ratios

First year project Cash Flow

1st year project.png

Project Characteristics 

  • Granite countertops
  • Doors and beautiful wood
  • kitchenClosets in aluminum and mirrorsSliding
  • aluminum windows and glassFlats in porcenalato
  • Imported ceramic
  • tile bathrooms and kitchens Plaster c
  • eilings and cornices
  • Pre -installation of air Split
  • Exclusive area on the roof for 4th levels

Site and Floor Plan

 

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