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  • $3,540,000
    •
    CHECK IF AVAILABLE
    CHECK IF AVAILABLE
  • Development
  • For Sale 
  • El Semillero
  • uruguay Flag Uruguay
PROJECT DESCRIPTION
On a rustic property located in the vicinity of the City of Colonia del Sacramento, Uruguay, overlooking the river, 12 hectares, (aprox. 30 acres of land deed tittles privately owned).

They have designed a gated community that will house 40 luxury houses of about 200 m2 (plots of 1,500 m2 on average), with an Equestrian and Polo club
The complex will have a club-house, indoor and outdoor swimming pool, and a Spa & Health Club and Sports & Amenities area.

The Polo and Riding Club includes a polo field, paddocks, training track, Stud & Training yard, two outdoor arenas with all-weather surfaces and lighting, indoor arena, riding school, stables, tack room, Horse-Bar with viewing area
The indoor flood lit equestrian arena is the ideal place for year round training, coaching or schooling.
The stables provide 50 boxes with automatic drinkers.
Some of the land is split into smaller paddocks with both temporary and permanent fencing.
The vision of the Club is to be a centre which provides the opportunity to train with leading professionals in all disciplines, operating clinics and demonstrations on a regular basis. Showing shows throughout the year for competitors in all disciplines, including showing, unaffiliated and affiliated show jumping and dressage.

The farm is located in a strategic location on Route # 1 in the highest point of the city, 8 km from the city port (harbour); 500 meters from `Laguna de Los Patos` International Airport (currently used for civil aviation) and, at to 2,000 meters of beautiful virgin beaches of fine white sand.

Route #1 is the one that links the city of Colonia with the City of Montevideo, our city capital, a distance of 170 km from the farm, where are situated future master-plan development.

A highlight is its proximity to three capitals, Montevideo capital of Uruguay; 60 mins. to Buenos Aires, capital of Argentina, (by ferry crossing the Rio de la Plata), to 15 minute in a private flight civil Aviation.
International Airport being the possibility of reaching the City of San Pablo - Brazil on a flight of just over 2 hours.

Project and budget:
o 40 properties
o 40 dormies
o 1 polo professional field
o 50 stables
o 1 horse bar
o 1 restaurant
o 1 club house
o Swimming pool outdoor and indoor
Sensitivity Analysis: (figures in us$)
Costs:
Item Cost us$ / sq. mt. Investment
Land 30 3.540.000.-
Infrastructure 10 1.180.000.-
Horse Bar 750 150.000.-
Stables and polo field 500 400.000.-
40 dormies 900 1.260.000.-
Miscellaneous 7 % 470.000.-
TOTAL 7.000.000.-

Sales
Item Price us$ / sq. mt. Gross Revenue
10 land 1.000 sq. mt. 75 750.000.-
10 land 1.250 sq. mt. 95 1.187.000.-
10 land 1.750 sq. mt. 130 2.275.000.-
10 land 2.250 sq. mt. 200 4.500.000.-
10 dormies 25 sq. mt. 1.500 375.000.-
10 dormies 45 sq. mt. 2.500 1.125.000.-
10 dormies 25 sq. mt. 2.000 500.000.-
10 dormies 45 sq. mt. 3.500 1.575.000.-
TOTAL 12.287.000.-

The investors will retain the properties of services clubhouse, restaurant, polo field, stables and common areas with a surface area of 4 acres; therefore will maintain corporate control approximately 14% of the condominium

NET PROFIT 5.287.000.-
(without consider the annual membership income and the fees of club services)
ROI: 75 %
PROJECT DESCRIPTION
On a rustic property located in the vicinity of the City of Colonia del Sacramento, Uruguay, overlooking the river, 12 hectares, (aprox. 30 acres of land deed tittles privately owned).

They have designed a gated community that will house 40 luxury houses of about 200 m2 (plots of 1,500 m2 on average), with an Equestria...
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CHECK IF AVAILABLE
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