Rp 1000 €/mês

tx cap 9%
R actual 400 €/mês
Contrato 3 anos

Cap Directa 137,299.77 €

Actualização

Período Ranual R. Anual Actuali Somatório

1 12000 11,035.50 € 11,035.50 €
2 12000 10,148.52 € 21,184.01 €
3 12000 9,332.83 € 30,516.84 €
4 12000 8,582.70 € 39,099.54 €
5 12000 7,892.86 € 46,992.41 €
6 12000 7,258.47 € 54,250.88 €
7 12000 6,675.07 € 60,925.95 €
8 12000 6,138.56 € 67,064.51 €
9 12000 5,645.17 € 72,709.69 €
10 12000 5,191.44 € 77,901.13 €
11 12000 4,774.18 € 82,675.31 €
12 12000 4,390.45 € 87,065.76 €
13 12000 4,037.57 € 91,103.33 €
14 12000 3,713.05 € 94,816.38 €
15 12000 3,414.61 € 98,230.99 €
16 12000 3,140.16 € 101,371.15 €
17 12000 2,887.77 € 104,258.92 €
18 12000 2,655.67 € 106,914.59 €
19 12000 2,442.22 € 109,356.80 €
20 12000 2,245.92 € 111,602.72 €
21 12000 2,065.41 € 113,668.13 €
22 12000 1,899.40 € 115,567.53 €
23 12000 1,746.73 € 117,314.26 €
24 12000 1,606.34 € 118,920.60 €
25 12000 1,477.23 € 120,397.83 €
26 12000 1,358.50 € 121,756.33 €
27 12000 1,249.31 € 123,005.63 €
28 12000 1,148.89 € 124,154.53 €
29 12000 1,056.55 € 125,211.08 €
30 12000 971.63 € 126,182.71 €
31 12000 893.54 € 127,076.25 €
32 12000 821.72 € 127,897.96 €
33 12000 755.67 € 128,653.64 €
34 12000 694.93 € 129,348.57 €
35 12000 639.08 € 129,987.65 €
36 12000 587.71 € 130,575.36 €
37 12000 540.48 € 131,115.84 €
38 12000 497.03 € 131,612.87 €
39 12000 457.09 € 132,069.96 €
40 12000 420.35 € 132,490.31 €
41 12000 386.56 € 132,876.87 €
42 12000 355.49 € 133,232.36 €
43 12000 326.92 € 133,559.28 €
44 12000 300.64 € 133,859.92 €
45 12000 276.48 € 134,136.40 €
46 12000 254.26 € 134,390.66 €
47 12000 233.82 € 134,624.48 €
48 12000 215.03 € 134,839.51 €
49 12000 197.74 € 135,037.25 €
50 12000 181.85 € 135,219.10 €
51 12000 167.23 € 135,386.33 €
52 12000 153.79 € 135,540.13 €
53 12000 141.43 € 135,681.56 €
54 12000 130.06 € 135,811.62 €
55 12000 119.61 € 135,931.23 €
56 12000 110.00 € 136,041.23 €
57 12000 101.16 € 136,142.39 €
58 12000 93.03 € 136,235.41 €
59 12000 85.55 € 136,320.96 €
60 12000 78.67 € 136,399.63 €
61 12000 72.35 € 136,471.98 €
62 12000 66.53 € 136,538.51 €
63 12000 61.19 € 136,599.70 €
64 12000 56.27 € 136,655.97 €
65 12000 51.75 € 136,707.71 €
66 12000 47.59 € 136,755.30 €
67 12000 43.76 € 136,799.06 €
68 12000 40.24 € 136,839.31 €
69 12000 37.01 € 136,876.32 €
70 12000 34.04 € 136,910.35 €
71 12000 31.30 € 136,941.65 €
72 12000 28.78 € 136,970.44 €
73 12000 26.47 € 136,996.91 €
74 12000 24.34 € 137,021.25 €
75 12000 22.39 € 137,043.64 €
76 12000 20.59 € 137,064.22 €
77 12000 18.93 € 137,083.15 €
78 12000 17.41 € 137,100.57 €
79 12000 16.01 € 137,116.58 €
80 12000 14.72 € 137,131.30 €
81 12000 13.54 € 137,144.84 €
82 12000 12.45 € 137,157.29 €
 83 12000 11.45 € 137,168.75 €
84 12000 10.53 € 137,179.28 €
85 12000 9.68 € 137,188.96 €
86 12000 8.91 € 137,197.87 €
87 12000 8.19 € 137,206.06 €
88 12000 7.53 € 137,213.59 €
89 12000 6.93 € 137,220.52 €
90 12000 6.37 € 137,226.89 €
91 12000 5.86 € 137,232.75 €
92 12000 5.39 € 137,238.13 €
93 12000 4.95 € 137,243.09 €
94 12000 4.56 € 137,247.64 €
95 12000 4.19 € 137,251.83 €
96 12000 3.85 € 137,255.69 €
97 12000 3.54 € 137,259.23 €
98 12000 3.26 € 137,262.49 €
99 12000 3.00 € 137,265.48 €
100 12000 2.76 € 137,268.24 €
101 12000 2.53 € 137,270.77 €
102 12000 2.33 € 137,273.11 €
103 12000 2.14 € 137,275.25 €
104 12000 1.97 € 137,277.22 €
105 12000 1.81 € 137,279.03 €
106 12000 1.67 € 137,280.70 €
107 12000 1.53 € 137,282.23 €
108 12000 1.41 € 137,283.64 €
109 12000 1.30 € 137,284.94 €
110 12000 1.19 € 137,286.13 €
111 12000 1.10 € 137,287.23 €
112 12000 1.01 € 137,288.23 €
113 12000 0.93 € 137,289.16 €
114 12000 0.85 € 137,290.01 €
115 12000 0.78 € 137,290.80 €
116 12000 0.72 € 137,291.52 €
117 12000 0.66 € 137,292.18 €
118 12000 0.61 € 137,292.79 €
119 12000 0.56 € 137,293.35 €
120 12000 0.52 € 137,293.87 €
121 12000 0.47 € 137,294.34 €
122 12000 0.44 € 137,294.78 €
123 12000 0.40 € 137,295.18 €
124 12000 0.37 € 137,295.55 €
125 12000 0.34 € 137,295.89 €
126 12000 0.31 € 137,296.20 €
127 12000 0.29 € 137,296.49 €
128 12000 0.26 € 137,296.75 €
129 12000 0.24 € 137,296.99 €
130 12000 0.22 € 137,297.22 €
131 12000 0.21 € 137,297.42 €
132 12000 0.19 € 137,297.61 €
133 12000 0.17 € 137,297.79 €
134 12000 0.16 € 137,297.95 €
135 12000 0.15 € 137,298.09 €
136 12000 0.13 € 137,298.23 €
137 12000 0.12 € 137,298.35 €
138 12000 0.11 € 137,298.47 €
139 12000 0.10 € 137,298.57 €
140 12000 0.10 € 137,298.67 €
141 12000 0.09 € 137,298.76 €
142 12000 0.08 € 137,298.84 €
143 12000 0.08 € 137,298.91 €
144 12000 0.07 € 137,298.98 €
145 12000 0.06 € 137,299.04 €
146 12000 0.06 € 137,299.10 €
147 12000 0.05 € 137,299.16 €
148 12000 0.05 € 137,299.21 €
149 12000 0.05 € 137,299.25 €
150 12000 0.04 € 137,299.29 €
151 12000 0.04 € 137,299.33 €
152 12000 0.04 € 137,299.37 €
153 12000 0.03 € 137,299.40 €
154 12000 0.03 € 137,299.43 €
155 12000 0.03 € 137,299.46 €
156 12000 0.03 € 137,299.48 €
157 12000 0.02 € 137,299.51 €
158 12000 0.02 € 137,299.53 €
159 12000 0.02 € 137,299.55 €
160 12000 0.02 € 137,299.56 €
161 12000 0.02 € 137,299.58 €
162 12000 0.02 € 137,299.60 €
163 12000 0.01 € 137,299.61 €
164 12000 0.01 € 137,299.62 €
165 12000 0.01 € 137,299.64 €
166 12000 0.01 € 137,299.65 €
167 12000 0.01 € 137,299.66 €
168 12000 0.01 € 137,299.67 €
169 12000 0.01 € 137,299.67 €
170 12000 0.01 € 137,299.68 €
171 12000 0.01 € 137,299.69 €
172 12000 0.01 € 137,299.70 €
173 12000 0.01 € 137,299.70 €
174 12000 0.01 € 137,299.71 €
175 12000 0.01 € 137,299.71 €
176 12000 0.00 € 137,299.72 €
177 12000 0.00 € 137,299.72 €
178 12000 0.00 € 137,299.73 €
179 12000 0.00 € 137,299.73 €
180 12000 0.00 € 137,299.73 €
181 12000 0.00 € 137,299.74 €
182 12000 0.00 € 137,299.74 €
183 12000 0.00 € 137,299.74 €
184 12000 0.00 € 137,299.74 €
185 12000 0.00 € 137,299.75 €
186 12000 0.00 € 137,299.75 €
187 12000 0.00 € 137,299.75 €
188 12000 0.00 € 137,299.75 €
189 12000 0.00 € 137,299.75 €
190 12000 0.00 € 137,299.75 €
191 12000 0.00 € 137,299.76 €
192 12000 0.00 € 137,299.76 €
193 12000 0.00 € 137,299.76 €
194 12000 0.00 € 137,299.76 €
195 12000 0.00 € 137,299.76 €
196 12000 0.00 € 137,299.76 €
197 12000 0.00 € 137,299.76 €
198 12000 0.00 € 137,299.76 €
199 12000 0.00 € 137,299.76 €
200 12000 0.00 € 137,299.76 €
201 12000 0.00 € 137,299.76 €
Rp 1000 €/mês
tx cap 9%
R actual 7600 €/mês
Contrato 3 anos

Cap Directa 137,142.86 €

1 2 3 4
91,200.00 € 91,200.00 € 91,200.00 € 137,142.86 €
Valor Actualizad 329,938.47 € 83,862.07 € 77,114.55 € 70,909.93 € 98,051.93 €
Escrtitório
Rp 8,000.00 € mês
R actual 6,000.00 € mês
C,obras 200.00 € €/m2
4 meses em obras
Área 550.00
tx capitalização 6%
Contrato 4 anos

Vp 1,600,000.00 €

V financeiro 1 2 3
Ri 72,000.00 € 72,000.00 € 72,000.00 €
Ci
Saldo anul 72,000.00 € 72,000.00 € 72,000.00 €
Valor Actualizado 1,343,050.59 € 67,924.53 € 64,079.74 € 60,452.59 €
 4 5 6
72,000.00 € 64,000.00 € 1,600,000.00 €
- 110,000.00 €
72,000.00 € - 46,000.00 € 1,600,000.00 €
57,030.74 € - 34,373.88 € 1,127,936.86 €
T2 130.05 m2
Rp 11.53402537486 €/m2 11.5340253749
Ract. 1500 €/mês
Contrato 5 anos
Capex 150 €/m2 3 meses
tx 6.00%

Vp 300,000.00 €
1 2 3
R 18,000.00 € 18,000.00 € 18,000.00 €
C
Saldo 18,000.00 € 18,000.00 € 18,000.00 €
S. Actualizado 271,104.63 € 16,981.13 € 16,019.94 € 15,113.15 €
 4 5 6 7
18,000.00 € 18,000.00 € 13,500.00 € 300,000.00 €
19,507.50 €
18,000.00 € 18,000.00 € - 6,007.50 € 300,000.00 €
14,257.69 € 13,450.65 € - 4,235.05 € 199,517.13 €
Dir. Superfície
Duração 20 anos

Rp. 35,000.00 € mês Vp 6,000,000.00 €

R actual 5,000.00 € Mês

Valor do Imóvel 2,084,719.38 € 2.869684462486

Valor do D. Superfície 0.270877912374 Rendas constantes e finitas
tx 7% 635640.854731 10.59401424552
635,640.85 €
Valor do Imóvel Valor do Direito de Superfície
Per Rper R.Per Act. Acumulado Per
1 60,000.00 € 56,074.77 € 56,074.77 € 1
2 60,000.00 € 52,406.32 € 108,481.09 € 2
3 60,000.00 € 48,977.87 € 157,458.96 € 3
4 60,000.00 € 45,773.71 € 203,232.68 € 4
5 60,000.00 € 42,779.17 € 246,011.85 € 5
6 60,000.00 € 39,980.53 € 285,992.38 € 6
7 60,000.00 € 37,364.98 € 323,357.36 € 7
8 60,000.00 € 34,920.55 € 358,277.91 € 8
9 60,000.00 € 32,636.02 € 390,913.93 € 9
10 60,000.00 € 30,500.96 € 421,414.89 € 10
11 60,000.00 € 28,505.57 € 449,920.46 € 11
12 60,000.00 € 26,640.72 € 476,561.18 € 12
13 60,000.00 € 24,897.87 € 501,459.04 € 13
14 60,000.00 € 23,269.03 € 524,728.08 € 14
15 60,000.00 € 21,746.76 € 546,474.84 € 15
16 60,000.00 € 20,324.08 € 566,798.92 € 16
17 60,000.00 € 18,994.46 € 585,793.38 € 17
18 60,000.00 € 17,751.83 € 603,545.21 € 18
19 60,000.00 € 16,590.50 € 620,135.71 € 19
20 60,000.00 € 15,505.14 € 635,640.85 € 20
21 6,000,000.00 € 1,449,078.52 € 2,084,719.38 €
Rendas constantes e finitas

Valor do Direito de Superfície

Poupança do Per. PP Atualizada Acumulado
360,000.00 € 336,448.60 € 336,448.60 €
360,000.00 € 314,437.94 € 650,886.54 €
360,000.00 € 293,867.24 € 944,753.78 €
360,000.00 € 274,642.28 € 1,219,396.05 €
360,000.00 € 256,675.02 € 1,476,071.08 €
360,000.00 € 239,883.20 € 1,715,954.28 €
360,000.00 € 224,189.91 € 1,940,144.18 €
360,000.00 € 209,523.28 € 2,149,667.46 €
360,000.00 € 195,816.15 € 2,345,483.61 €
360,000.00 € 183,005.75 € 2,528,489.35 €
360,000.00 € 171,033.41 € 2,699,522.76 €
360,000.00 € 159,844.31 € 2,859,367.07 €
360,000.00 € 149,387.20 € 3,008,754.27 €
360,000.00 € 139,614.21 € 3,148,368.47 €
360,000.00 € 130,480.57 € 3,278,849.04 €
360,000.00 € 121,944.46 € 3,400,793.50 €
360,000.00 € 113,966.78 € 3,514,760.28 €
360,000.00 € 106,511.01 € 3,621,271.29 €
360,000.00 € 99,543.00 € 3,720,814.29 €
360,000.00 € 93,030.84 € 3,813,845.13 €
Rp 2500 Vpot 500,000.00 €
Ra 2000
C.Obras 200 m2 200.00 € 3 meses
Tx 6%
Fim de contrato May-21 - 21.00 meses

Rendimentos - Custos
Cas-Flow Trimestral 4 per. Trimestral - Formula Rendas Const e
0.21355244403
Per. Rend.Per Rend. Actualiz. Somatório Rend.Per
1 6,000.00 € 5,911.33 € 5,911.33 € 1 a 13
2 6,000.00 € 5,823.97 € 11,735.30 € 14 - 40,000.00 €
3 6,000.00 € 5,737.90 € 17,473.20 € 15 500,000.00 €
4 6,000.00 € 5,653.11 € 23,126.31 €
5 6,000.00 € 5,569.56 € 28,695.87 €
6 6,000.00 € 5,487.25 € 34,183.12 €
7 6,000.00 € 5,406.16 € 39,589.28 €
8 6,000.00 € 5,326.27 € 44,915.55 €
9 6,000.00 € 5,247.55 € 50,163.10 €
10 6,000.00 € 5,170.00 € 55,333.11 €
11 6,000.00 € 5,093.60 € 60,426.71 €
12 6,000.00 € 5,018.32 € 65,445.03 €
13 6,000.00 € 4,944.16 € 70,389.19 €
14 - 40,000.00 € - 32,473.97 € 37,915.22 €
15 500,000.00 € 399,925.75 € 437,840.97 €
dimentos - Custos
estral - Formula Rendas Const e finitas
0.018203286661
Rend. Actualiz. Somatório
70,389.19 € 70,389.19 €
- 32,473.97 € 37,915.22 €
399,925.75 € 437,840.97 €
TERRENO
DADOS
Área 10,000.00 m2
Ind. Const 0.8
Estacionamento 1 Lugar Est 120 m2
Número est 67 un 30 m2/ LE
Área acima solo 8,000.00 m2 ABP 6,800 m2
Área abaixo solo 2,010.00 m2
Valor venda 2,800.00 € /m2

RÁCIOS
Área acima solo 750 €/m2
Área abaixo solo 350 €/m2
Infraestruturas 40 €/m2

CUSTOS CONSTRUÇÃO ano 1

Área acima solo 6,000,000.00 €
Área abaixo solo 703,500.00 €
Infraestruturas 400,000.00 €
Total Custos Construção 7,103,500.00 €
Projectos 355,175.00 € 5% 90%
taxas e licenças 400,000.00 € 50 €/m2 80%
Fiscalização Hig Seg e Qual 177,587.50 € 2.50%
Gestão do projecto 106,552.50 € 1.50% 20%
Custos de desenvolvimento projecto Cc+CI 8,142,815.00 €
VENDAS
Venda Habitação 19,040,000.00 €
Custos comercialização 952,000.00 € 5%
Vendas líquidas 18,088,000.00 €
Fluxos de Caixa
Encargos Financeiros 3%
dívida no final do período
SALDO DO PROJECTO (TODAS AS RECEITAS - TODOS OS CUSTOS)
Saldo Actualizado 8%
Custos de Aquisição do terreno 8%
Valor Residual do Terreno
 ANO
ano 2 ano 3 ano 4 ano 5 TOTAL 1 2
15% 50% 35% 100% - € 900,000.00 €
50% 50% 100% - € 351,750.00 €
100% 100% - € 400,000.00 €
- € 1,651,750.00 €
5% 5% 100% 319,657.50 € - €
10% 10% 100% 320,000.00 € - €
30% 30% 40% 100% - € 53,276.25 €
20% 20% 20% 20% 100% 21,310.50 € 21,310.50 €
660,968.00 € 1,726,336.75 €

5% 30% 65% 100% - € - €

- € - €
- € - €
- 660,968.00 € - 1,726,336.75 €
- 19,829.04 €
- 660,968.00 € - 2,407,133.79 €
- 660,968.00 € - 1,746,165.79 €
5,954,590.78 € - 612,007.41 € - 1,497,055.72 €

5,513,509.98 €
 ANO
3 4 5 TOTAL
3,000,000.00 € 2,100,000.00 € - € 6,000,000.00 €
351,750.00 € - € - € 703,500.00 €
- € - € - € 400,000.00 €
3,351,750.00 € 2,100,000.00 € - € - €
17,758.75 € 17,758.75 € - € 355,175.00 €
40,000.00 € 40,000.00 € - € 400,000.00 €
53,276.25 € 71,035.00 € - € 177,587.50 €
21,310.50 € 21,310.50 € 21,310.50 € 106,552.50 €
3,484,095.50 € 2,250,104.25 € 21,310.50 € - €

952,000.00 € 5,712,000.00 € 12,376,000.00 € 19,040,000.00 €

- 47,600.00 € - 285,600.00 € - 618,800.00 € - 952,000.00 €
904,400.00 € 5,426,400.00 € 11,757,200.00 € 18,088,000.00 €
- 2,579,695.50 € 3,176,295.75 € 11,735,889.50 €
- 72,214.01 € - 151,771.30 € - 61,035.57 €
- 5,059,043.30 € - 2,034,518.85 € - €
- 2,651,909.51 € 3,024,524.45 € 11,674,853.93 €
- 2,105,171.27 € 2,223,115.76 € 7,945,709.42 €