What To Include In Villa Development Feasibility

[Sean Morris]

I'm helping a site owner find buyers/investors to buy his site (with planning permission) ,develop 20 high-end villas on it and sell them. Will be presenting to some private equity funds.

What are the basics I should include in a feasibility study? What are the basics (besides a minimum IRR) they will be looking for to get them to consider the investment seriously?

Given that this is a high-end project with ideal buyers being rich international buyers, local demographics etc. do not seem relevant to include?

The only thing I really have at the moment are good financials including sensitivity analysis and various scenarios. Is it enough for the rest of the feasibility to be built around the financials basically showing the basis for any assumptions (selling price, length of project, building costs etc.)?

If anyone has a feasibility study they have sued for a similar project that they could share privately would really appreciate it.