Asking Price = 1900 mil = $422k USD at 4500
This development has high admin (HOA) due to having only 11 high end homes...but the house is also priced well below other similar homes to more than compensate.
For example, lets say $700,000 per month would be more normal admin. The $600,000 extra is only $7,200,000 annual...but this house would sell for at least $5 milliones per m2 today,,,which would be a value of $2,200 milliones...
so the house is being discounted $300 milliones which is the extra admin for 41 years.
550 meters of lot
440 meters built, the house is remodeled
the first floor consists of:
2 living rooms, dining room, open kitchen, deck with jacuzzi, garden and meadow, clothing area, social bathroom, linen closet.
second floor:
4 bedrooms
3 bathrooms
living room, study
it has a spectacular view
sale value 1,900,000,000
