If you are new to Property Development, keep this comprehensive RealRenta list handy to ensure that you anticipate every possible cost, related to property development.

Land Purchase:

         * Land Purchase Price

• Stamp Duty on Transfer

• First Mortgage Stamp Duty

• Establishment Fee (Finance)

• Conveyancing Fees- Purchase

Consultancy Fees:

• Pre-purchase feasibility
• Town planning
• Working drawings
• Engineering
• Soil testing
• Building permits
• Surveying
• Legals
• Project management

Construction Costs:

• Re-rental repairs
• Demolition
• Construction

Leasing Fees:

• Agent commission

• Conveyancing fees- sale 

Miscellaneous costs:

• Electricity

• Drainage/sewerage

• Interest on Loans

• Contingency Fund

RealRenta is for Smart Investors, who realise that they are no longer bound to traditional property management and the associated high fees.

Try RealRenta now for Free for up to 2 months and you will NEVER pay a Property Manager again!!

See how easy it is to manage with RealRenta: https://app.realrenta.com/Signup.aspx