Understand floating real estate development, ocean colonization, price points per squaremeter, aproaches, demographic development, floating foundations, running out of space, transition capacity of projects, personal housing, bubble living space,
To understand the business core of floating real estate development we need to understand that floating housing is no longer a "exotic choice" for a small minority of people. The demographic development of our planet ( concretesubmarine.activeboard.com/t58921987/sustainability-population-growth-consumption-growth-ocean-co/ ) suggests that in the next 30 years some 5 billion people will require some 200 billion real estate squarmeters built on the water. To wrap you mind around that number think about 70 Empire state buildings to build per day, every day, along the next 30 years, just to keep up with the base demand.
This does not mean that we will see some floating docks and marinas in some protected bays, it means that we will see all bays in front of all shore cities will soon be covered by clusters of floating structures that are more like buildings than boats and this development will be the biggest "real estate boom" in the history of mankind. There is no choice and no IF about it - the only thinkable alternative is that half of the human population on earth stays without a roof over their heads - what certaily is not feasible without having "distribution wars" of all kind, that will leave our civilisation in ashes.
This enourmous "floating real estate market" has some charakteristics that sets it apart from land based real estate:
mobilis in mobili of / building lots / concrete plants / houses / - so one central building unit can supply a worldwide demand.
This is something that allows to create houses, building lots, on a "fabrication line" - very suitable to deliver to a giant uniform worldwide market of 200 billion real estate squaremeters to build.
We have seen "prefabrication and modular building" in housing before (container units, matrix printing) but this is pointing to a "new universe of housing" driven by the never seen before mega market of a globally exploding real estate demand.
There are strong indicators that in general terms the cost of real estate and the financial capacity of the maority of the "potential buyers" is drifting apart. Real estate prices of USD 5000 per squaremeter in city centers are common - people who can afford that are not.
This potentially opens a huge market for floating real estate IF it can take the hurdle of building real estate squaremeters signifficantly more economic than the current existing land based real estate market can.
There are plenty of reasons why floating real estate should be able to do that.
- read more about price points in USD/Squar meter here: http://concretesubmarine.activeboard.com/t57819473/floating-concrete-platforms-building-methods/
The building lots - a mayor cost factor in a city development are FREE on the watersurface.
Construction in general is about moving heavy items around - this is much cheaper on the watersurface than on land.
Cement on land comes from a local cement plant that has a "kind of monopoly" for the area. A waterbased development can recieve cement in a ship from China.
Staging is easier on the watersurface.
The economy of scale pushing prices down is easier on the watersurface.
Interference freedom is MUCH better on the watersurface.
etc.etc.
All these factors combined smart in a project sum up to "astonishing low cost real estate squaremeters" if a project plays its cards correctly.
Here in Cartagena we tested out the pricepoints in a series of pilot projects.
The price ranges mentioned below should be read as "Total project cost divided by real estate squaremeters cranked out by the project" figures.
To understand this is important because a project always contains thousands of cost factors being the cost of the material and workhours sometimes the cost factors in the "lower range".
The general price range over all pilot projects is 40 USD - 800 USD per squaremeter. Being the heavy methods the more expensive and the light methods the more economic.
- read more here: http://concretesubmarine.activeboard.com/t57819473/floating-concrete-platforms-building-methods/
Real estate in City Centers is at a price level of 5000 USD per squaremeter, and real estate as offered by the Yacht industry is on a price level of 23.000 USD per squaremeter. So i think our pricerange of 40-800 USD/squaremeter is definitly a way that can open the floating real estate segment on a large scale. Delivering at prices that most normal people can afford.
The "classic steel deckbarge" as baseline of floating real estate development. Its drawback as floating building lot - its servicelife is VERY limited. 2-3 years - on the water no more it must be returned to the ship yard for a general overhaul and renewal of bottom paint.
problem solved concrete honeycomb structures - 200 years service life (probably longer) no return to the shipyard ever - this is TRUE real estate on the water.
When you’re talking about real estate development, you’re talking about the process of building a property. This includes marketing the property, finding tenants, and negotiating leases and rent, also We Buy Houses Los Angeles and provide home sellers with a cash option to purchase their property quickly—with NO Repairs, and NO Fees or Commissions.. You want to understand how these processes work and how they affect the pricing of your property.
I was traveling for work last year, and I met a guy named Mike at a conference. Mike is a promising businessman who never misses an opportunity. He said he had sold all his property and was planning to finance floating real estate. I was interested in this idea. I have a house that I inherited. I turned to a company that buys real estate: https://www.flagshipbuilders.net/ and negotiated a deal. I’m planning on investing in a house for floating real estate. I’d like to buy a cruise ship in the future, but it’s a long way off.
-- Edited by AAMeeting on Tuesday 23rd of August 2022 08:05:13 PM
-- Edited by AAMeeting on Tuesday 23rd of August 2022 08:05:40 PM