Construction of the cottage settlement can become very favorable economic project if to meet number of necessary conditions. How competently to calculate construction and to begin profitable construction?
Instruction
1. The first stage – planning stage. Conduct macroeconomic research, study landscape of the territory chosen under construction, possibilities of access roads and availability of all necessary communications.
2. Analyze consumer demand. Find out what houses enjoy today the greatest popularity of what material it is better to build them what size there have to be adjacent sites. Also learn what infrastructure facilities will need to be built in the settlement that consumers did not lack anything.
3. Think over construction terms. It is very important aspect of the forthcoming work because what is most demanded at present, can be irrelevant in several years. Attract to the analysis of experts who will help to calculate the optimum term and speed of construction.
4. Make master plan of building. The number of houses, their arrangement, the area, access roads and infrastructure facilities has to be reflected in it. The plan is under construction taking into account approximate category of future residents as elite building considerably differs from budgetary. The plan also has to reflect availability of playgrounds, green zones, sports grounds and other uninhabited objects. Calculate the approximate cost of the built buildings and reflect it in the business plan.
5. Choose suitable civil engineering firm which can charge construction of the settlement, and make the contract for carrying out certain number of works. Control the course of construction and observance of terms. Remember that the quality of works, so, and your future reputation therefore it is necessary to approach the choice of workers with heavy responsibility will depend on conscientiousness of civil engineering firm.
6. Connect settlement constructions to communications, conduct advertizing campaign selling the built real estate. Gradually the settlement will be filled with inhabitants, and you will be able to get notable profit which has to block all expenses. Funds of future buyers can be raised even at the beginning of building, having placed advertisements of possibility of financial investments to buildings under construction.