€369,900

1. Executive Summary This project consists of the development of 4 semi-detached two-bedroom houses with basements, located in Altos da Raposeira, Vila do Bispo, on the Vicentina Coast, Algarve. The objective is to develop and market the houses, benefiting from the growing demand for modern housing in one of the most sought-after coastal areas of the Algarve. The project is already in an advanced stage of development, including: Land acquired; Approved architectural project; Excavation completed; Ready for immediate start of construction. 2. Projected Financial Performance Total Projected Revenue: €2,340,000 Estimated Total Investment: €1,303,481 Estimated Net Profit of the Project: €1,036,519 Return on Investment (ROI): 79.5% Estimated Profit Margin: 44.3% 3. Project Description The development will consist of: 4 semi-detached T2 houses with basement; Contemporary architecture; Private outdoor areas; Parking spaces; Living areas between approximately 113 m² and 118 m², plus basement. Estimated construction time: 18 to 24 months 4. Market Positioning The real estate market in the region shows consistent demand for modern houses in low-density coastal areas. Comparable market values: €565,000 to €625,000 The project is competitively positioned within these values. 5. Main Risks and Mitigation Strategies Variation in construction costs contemplated through a contingency fund; Possible delays in construction mitigated through contracts with a defined schedule; Commercial risk possibility of exploitation in premium tourist accommodation or short-term rental. 6. Conclusion This project presents solid investment fundamentals: Prime location in the Algarve; Project ready for construction; Consistent demand for new housing in the region; Attractive profitability adjusted to risk. It represents an excellent opportunity for investors interested in the Algarve real estate market. Ana Lopes Partner - Real Estate Developer Falésia Quotidiana Empreendimentos, Lda. Energy Rating: Exempt #ref:PEK68 (2) lote 38 - PEK68 (2) lote 38 - Portugal Easy Key