Condo Business Plan Business Plan
If you are launching a condo, it is likely that individual investors will request to see a business plan that forecasts its profitability and associated construction costs. A well-structured plan will also provide information about the region that the condo is located in and the valuation of similar condos using a method of comparable analysis. Because every condo is unique, the plan may include the full amenities provided within the condo such as a fitness center, shopping area, or medical treatment facility. If it has unique elements to increase its valuation, such as being oceanfront or centrally located in an urban area, this is also communicated and reflected in the proposed valuation.