What Is the Ideal Profit Margin in Property Development?
In planning your property development project, the bottom line must show a suitable return for the money and effort you put into it as a developer. The ideal profit margin is between 16 and 20% on development costs. This refers to your profit as a percentage of your total cost. We call that margin on […]
How profitable is property development?
Property development stands head and shoulders above other property wealth creations strategies when considering the potential profitability of a project. To be clear, we are talking about complete property development and not renovations. The numbers in these two areas are different. Here, the numbers refer to property development and not renovation projects. Why do I […]