Parco dei Mulini - Eco Resort Ragusa Ibla

List of the properties, price list and total cost of the properties for sale, restructuration cost and total cost of restructuration.

The property is composed by 7 Villas for a total square metres of 1400,00 and almost 10.30 ectars of land, with a total accomodation of 74 pax , plus a stable for horses and horse riding, a cross country bridle path, an helipad, parking area and other facilities.

Mills one, two and three have already been restructured and are in the process of being completed with a total of 22 beds that will be included in the management of the new investment bringing the total accommodation from 74 to 96 beds.

The total price for the Villas is 1 460.000 000,00
10.30 ectars of irrigating land at € 70.000,00 per ectars is € 720.000,00 .

The total price is 2 180.000 000,00 and includes all the licensed projects, and all the amministrative costs to start immediately the restructuration of the Eco Resort.

Total cost for villas: € 1.680.000,00
Horse stable and riding field: € 124.000,00
Stone walls, landscaping and road villas: € 380.000,00
Villas furniture: € 346.000,00
Restaurant and Hotel Lobby: € 90.000,00
N 30 E- bike: € 30.000,00
N 10 Golf Car: € 50.000,00
TOTAL: € 2.700.000,00

€ 4.880.000,00

ESTIMATED REVENUE FOR THE VILLAS RENTAL AND THE HOTEL FROM EARLY APRIL TO END OF OCTOBER,
BASED ON A 60% OF OCCUPANCY, WOULD BE:

The estimated gross revenue per year is € 1.561.000,00.
The estimated gross revenue for the restaurant is € 480.00,00

TO SUM UP: 
The estimated gross revenue of the investiment is € 2.041.000,00

The incidence of the operating cost including staff, energy and rentals, would be the 30%. In consideration of the services provided by Eremo della Giubiliana, 5 stars Hotel.