Prodevance is engaged in the development and realization of construction projects. Think for example of projects such as resorts, shopping centers, residential areas or office buildings. Prodevance is responsible for the entire process of these projects. This starts with the purchase of the land and ends with the completion of the project.
For example, dealing with the financial, creative and construction side of a project, in doing so Prodevance manages a team of different experts. In this position Prodevance is constantly identifying opportunities and investments in land or buildings
Communication is of the utmost importance. Think of contact with investors, contractors, architects and municipalities. Before the project in question is carried out, a feasibility study is conducted. It contains all the expected costs and revenues. As a project developer it is important that you take all possible scenarios into account, such as construction setbacks or costs that escalate faster than expected.
Prodevance specializes in property development. In short, we can describe the work of a project developer as investing in real estate projects in order to realize certain construction works. A project developer can be classified as a project manager, who arranges all kinds of construction matters from the beginning to the end, so that the desired results are achieved.
As a project developer, you maintain regular contact with investors, municipalities, architects and contractors. A project developer must be able to make a realistic estimate of his plans by conducting a feasibility study. Within the feasibility study, all expected costs are set against a possible return.
The need for financing:
One of the main characteristics of real estate development is the asymmetry between the expenses to be spent and the collection of revenues. Indeed, it is often necessary to complete the construction works and bear all the associated costs before the property can be sold and the proceeds of the sale collected (although certain mechanisms exist to limit this dispersion, such as pre-sales or sales on plan).
Prodevance mainly focuses on the development of luxury vacation resorts and hotels in Cape Verde. As a full service player in the leisure industry, Prodevance is also involved in the sale, rental and management of vacation homes. With plans for innovative resort concepts in Cape Verde, Prodevance will manifest itself in the coming years as a refreshing competitor to the big names in this market.
Prodevance can support you partially, as owner or manager of real estate objects with the management, but it is also possible to let us take care of the complete management. We have extensive knowledge of and experience with all aspects of real estate management. We offer added value compared to other companies, because we can go the extra mile with our technical background and versatile expertise. This allows us to look at your issue from a broader perspective and solve potential challenges before they arise.
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