4 luxury 4 bedroom Villas, Investment opportunity Proposal Financial Details Investment in land €800, 000 Construction of Luxury Villas €1, 450, 000 Design & Build VAT 5% for Private Residence €25, 000 VAT on Land €152, 000 (Refundable after start of sale of project) Transfer Fees on Land €32, 000 Total Cost €2, 307, 000 The amount of €152, 000 / VAT on land is not calculated in expenses as you can claim it back when you start selling the villas. Furniture Package optional from €30, 000 + VAT per Villa