The next day, early on April Fool's Day, Gu Biao took Mina, together with Her Royal Highness Caroline, to the reclamation site on the western border of Monaco and France.

The people brought by Gu Biao include the person in charge of the scene, as well as one of the executives of the Monaco real estate company under his name, Mr. Giuseppe.

Giuseppe was expelled by the Monegasque royal family after the Falklands War of '82 because the Monegasque royal family's shipping company wanted to appease the anger of the Bretons and review the fact that "some arms were accidentally transported to Argentina without knowing it".

Then, after two years, he was hired by Gu Wei and continued to be in charge of many projects in Monaco. Even the previous "Princess Caroline" gambling cruise project, he also got involved in managing accounts.

Obviously, it was not Gu Biao's intention to recruit Giuseppe. In the past few years, Gu Biao has not been able to completely subdue the other party.

He knew that this guy was sent by the Monegasque royal family to check his accounts, for the sake of better mutual trust between the two sides, so that the Monegasques would not worry about whether Gu Wei had evaded taxes or withheld profits.

Therefore, it is impossible to drive away, and it is already the best state to make the other party turn a blind eye.

In addition to Giuseppe, Caroline also brought some professionals, both financial and technical, to inspect the construction site, which had only been under construction for more than a month.

It was a road of only two or three hundred feet, or seven boxes, and if it weren't for the French, there would be no need to seal the edge like this.

Caroline and Gu Biao and their entourage inspected a circle, and the technical person in charge brought from Xiangjiang at the scene, under Gu Ao's hint in advance, tried his best to emphasize the particularity of this project, so the cost was extra high.

Caroline listened and personally observed the technical differences according to the other party's explanation, but unfortunately, as a woman, her scientific talent could not fully understand how big the cost gap was after all.

She coughed lightly, and could only knock on the side from a different angle: "After this place is built, how much money are you going to sell for a flat level? The reclamation project will take at least two years, and you will have to leave time to observe the settlement, and the construction and decoration will take about the same time."

I see that your house, it would be good to be able to deliver the existing house in 1992, maybe later. The average price of villas now, based on the area occupied, is only more than 20,000 francs per square meter. Our royal property appraiser believes that in four or five years, the price of luxury villas in China will rise to nearly 30,000 francs at most, which is equivalent to five or six thousand pounds.

Therefore, you have to reduce all costs to less than 3,000 pounds per square meter in order to earn double the gross profit, deducting taxes and financial costs, about 30%~40% of the selling price is considered pure profit.

The cost of building installation and luxury renovation is fixed, and this level of luxury house, at least a thousand pounds per square meter. Then the cost of reclamation must be less than 2,000 pounds per square meter, or less than 1,500 pounds per square meter if you calculate the common sharing of roads and utilities. ”

After dividing the shares, it is certain that it is less than 1,500 pounds per square meter, because it is equivalent to 1.5 billion pounds per square kilometer, and even if no technological innovation is adopted, according to the cost of building an international airport in Xiangjiang at the end of the 80s, the maximum amount of reclamation per square kilometer is 12~1.3 billion pounds, and it will definitely not take 1.5 billion.

{This refers to the construction in the sea area where the cofferdam construction requires very precision, so the cost is high.} The kind of island reclamation in the South China Sea is not afraid of the surrounding seabed quicksand flooding, so there is no need for high-quality cofferdam projects, just use a natural gravity dam with a relatively gentle slope, and then directly pump sand into it, which is much cheaper}

As for the estimated cost of construction, installation and decoration, 1,000 pounds per square meter is also a relatively fair price. In later generations, China's really well-decorated mansions had a decoration standard of several thousand yuan per square meter. It's for Europe's richest people, and the decoration and construction add up to a thousand pounds.

Caroline wanted to know how much lower the cost of reclamation would be than £1,500 per square meter. In this way, it is also convenient for the royal family to share a little more in taxes and fees and various inspection cards in the future...... Look for the scale.

If you release water to raise fish, you can't be too greedy, and you won't dare to come next time because of the hard work of foreign businessmen, right?

Gu Biao analyzed a wave of technical reasons, and then pretended to be at peace with Caroline, and retreated left and right, before whispering in his ear:

"In fact, it is not much lower, first of all, your estimated cost of decoration and construction and installation, 1,000 pounds per square meter is slightly lower, and our actual budget is at least 1,200 pounds, because the cost of public roads, public green belts, and other public facilities must be spread out on the sheep. In such a high-end community, the external environment and facilities must not be bad.

Moreover, after the later stage of the sea swimming area and yacht berths that do not occupy the reclaimed land area are added, the construction cost will have to be spread.

As for reclamation, the current estimate of the total cost of the project is around £280 million, which translates to about 950 million to 900 million 600 million per square kilometre, which is indeed nearly 20% cheaper than the traditional construction scheme that did not use the original reclamation technology. However, because of the aforementioned increase in construction costs, I ended up costing about 2,500 pounds per square meter, which is not as profitable as you think. ”

The cost is 2,500 pounds, and the expected price is 5,000~6,000 pounds after four or five years, which is what Gu Biao called "not so profitable". But if it is estimated according to the current Monaco property price, this statement is not wrong, because the property price of the top luxury house in 1988 was about 4,000 pounds per square meter, and the gross profit was only 37.5% at the current price.

Caroline obviously didn't believe the cost given by Gu Biao: "Do you think I will believe it? Or you are more sure about the rising trend of property prices in the future, and you think it will be far more than five or six thousand pounds a flat in five years?"

"I'm really betting that in the next few years, the price of real estate will skyrocket by far more than 15% per year, so I am willing to invest so much now, to a real estate project for three or four years, to take out 300 million pounds in cash, to do this kind of project, without enough profits, I really don't look at it. Since I bought Wang Ann Computer, cash flow has been fluctuating up and down at the alert level of less than $200 million, and I don't have that much spare money to deal with traditional heavy assets, you know, I've never had much interest in real estate. ”6