Project Overview, again feasibillity study for one of our clients, few views from it.

  • Available land: 8,735 m² (after all deductions, including an additional 62 m²)

  • Number of plots: 14

  • Plot size: Each plot is 624 m²

  • Buildings per plot: 1 semi-detached building (duplex), each building contains 4 apartments

  • Total apartments: 56 (each with a net area of 125 m²)

Area Breakdown

  • Total gross built area (BRP): 8,736 m²

  • Total net apartment area: 7,000 m²

Apartment Features

  • Each apartment: 2 parking spots, 37.5 m² atrium

  • Total parking spaces: 112

  • Total atrium area: 2,100 m²

This data reflects the fundamental parameters assessed in the feasibility study, outlining plot allocation, building structure, and major residential features.

Here is the summary and conclusions of the feasibility study for the Petrovo Selo project translated into English and clearly organized:

Project Summary and Conclusions

  • Project Petrovo Selo: 14 plots, 56 apartments each 125 m²

  • All capacities and dimensions are aligned with the actual cadastral and urban planning conditions

  • The entire model is based on investment distribution and payment collection across 4 standard phases

Financial Results at Different Prices

  • At €3,700/m²:

    • Revenue: €33.2 million

    • Cost: €28.0 million

    • Net Profit: €3.4 million

    • ROI: 12.1%

  • At €4,151/m²:

    • Revenue: €36.9 million

    • Cost: €28.0 million

    • Net Profit: €6.3 million

    • ROI: 22.6%

Additional Financial Notes

  • Effective VAT payment is carefully optimized through input tax credits, with all calculations including tax implications

  • Cash flow remains continuously positive with sustainable sales dynamics; the strongest financial position occurs in the final phase of apartment delivery

  • The project is financially more robust at premium market prices but remains solidly priced and sustainable even at lower prices within Dubrovnik’s 2025 real market conditions

This feasibility study summarizes the entire project framework including costs, revenues, taxes, and cash flow, reflecting all urban, cadastral, and market restrictions and opportunities relevant to Dubrovnik in 2025 using all applicable standards and data.

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