Teaser Project Reserva Adesol.pdf

RIO DO MEL (ALAGOINHAS, BAHIA)
Area Highlights: The total metropolitan population exceeds 143 thousand inhabitants
and the inuence area of Alagoinhas and Feira de Santana comprises almost 70
thousand inhabitants with monthly income higher than US$ 3,500 a month.
Localization: Near to the BR-110 and BR-101 highways junction North, entrance to the
central region of the city of Alagoinhas, Bahia.
Project area: 1.650.000 m2, almost plain with slightly slope towards BR-110. Central lane
with Mel River and moisture areas to be converted in a private ecological park.
Condo features: 200.000m2, across
the street from a separate mall project
(of the same coordinators) conjugated
with a leisure club available in a
‘pay per use’ base. Includes an area of
80.000m2 designed to institutional
use (school, health care, etc.).
Real estate units: 1.450.000m2,
internal portion for urban development
projects designed to middle
class, over 10 Minium Wages, with
1220 units of 408m2 for family unities
and 16 units of 1500m2 for residential
buildings.
• Development Period: 7 years.
• Total GSV: USD 85 million
Project nancial summary:
% of GSV
Gross Sales Value 100%
Commissions (5,0%)
Gross Operational Result 95%
Pis and Cons taxes (3,5%)
Net Operational Result 91,5%
Land (14,3%)
Licenses and Project (3,3%)
Construction (20,4%)
Gross Margin 53,50%
Marketing Expenses (4,0%)
Administration Fees (3,0%)
EBITDA 46,5%
06