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Preliminary Project Development

We transform your idea into a complete, bankable preliminary project ready to sell or finance in record time.

At Mondriam we don’t just create “plans”. We develop high-impact real estate preliminary projects that drastically reduce investor risk, accelerate financing approval, and allow pre-sales to begin even before obtaining a construction permit.

Our comprehensive process combines architectural creativity, technical rigor, in-depth market analysis, and world-class financial modeling. The result: a complete dossier that speaks the same language as banks, investment funds, municipalities, and end buyers.

Below we show you, step by step, how we build your preliminary project and why each stage represents a decisive competitive advantage for your project.

Conceptual Design

The starting point of every successful preliminary project is a clear, attractive architectural vision perfectly aligned with the site and the target audience.

In this phase we develop the project’s design concept, which includes:

  • Optimal unit distribution

  • High-quality rendering of the final appearance of the most important areas

  • Optimization of views and sunlight exposure

  • Design of contemporary or iconic façades according to the project’s positioning

  • Integration of premium common areas (rooftop, coworking spaces, gym, infinity pool, etc.)

  • Sustainable solutions (solar panels, rainwater collection, natural ventilation)

Real advantages for your project

  • End buyers fall in love with the project from the very first renders → significantly faster pre-sales.

  • Investors immediately see the project’s differentiation potential in the market.

  • You avoid costly redesigns in later stages (which can add up to 15-20% more in architectural fees and construction costs).

Preliminary Technical Studies

Before falling in love with the design, we carry out the following preliminary studies:

  • Geotechnical soil study (bearing capacity, recommended foundation type, liquefaction risk)

  • Wind analysis (speed, direction, and turbulence – critical in coastal or mountainous areas)

  • Sunlight and natural lighting study

  • Hydrological analysis and flood risk assessment

  • Detailed topography with 3D terrain model

Key advantages

Having these studies completed during the preliminary project phase prevents unpleasant surprises that could delay the project for months or increase CAPEX by 25-40%. Banks and investment funds greatly value this level of technical maturity — many require these studies before even opening a credit file. You gain immediate credibility and reduce the investor’s “due diligence” period from 90 days to just 15-20 days.

Market Analysis

It’s not enough for the project to be beautiful — it must be sellable and profitable.

We conduct a complete market study that includes:

  • Supply and demand analysis within a 5-15 km radius (comparable projects, price per m², absorption rates)

  • Target buyer profile (age, family income, lifestyle preferences)

  • Pricing and positioning strategy (pre-sale, launch price, price scaling)

  • Monthly and annual absorption projections

  • Competitive benchmarking

Strategic advantage

​With this analysis in hand, you can launch pre-sales with realistic and well-justified prices. Many of our clients have successfully sold between 35% and 60% of the units during the preliminary project phase, allowing them to finance construction mostly with their own equity and drastically reduce the need for bank debt.

Evaluación Regulatoria

We thoroughly review:

  • Current Regulatory Plan and partial plans

  • Permitted land use and construction coefficients

  • Environmental restrictions (SETENA categories A, B, or C)

  • Parking requirements, green areas, and road impact

  • Accessibility, energy efficiency, and seismic resistance regulations

  • Possible incentives (Urban Development Law, tax benefits, etc.)

We deliver a 15-20 page executive report plus a compliance matrix that serves as a clear roadmap for the architect who will develop the final construction drawings.

Strategic advantage

You avoid the classic mistake of designing something that cannot be built. The bank sees that the project is already “cleared” from a regulatory standpoint → higher probability of credit approval and lower interest rates (up to 1.5 percentage points less).

CAPEX and OPEX Cost Estimation

We develop a professional budget in which CAPEX includes:

  • Land + professional fees + permits

  • Direct construction costs (structure, finishes, installations)

  • Indirect costs and contingencies (10-15%)

  • Commercialization and marketing expenses

OPEX is projected for 11 years, including:

  • Administration, maintenance, insurance, property taxes, and public utilities

  • Estimated vacancy and bad debt

Competitive advantage

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Investors and banks demand this level of detail. By delivering it already in the preliminary project phase, your project moves from “interesting idea” to “serious and professional project,” accelerating decision-making from months to just weeks.

Planning and Master Schedule

We create a detailed schedule that includes:

  • All phases: preliminary project, permits, final design, construction, and delivery

  • Critical path

  • Activity dependencies

  • Resource allocation and responsible parties

Competitive advantage

You know exactly when you can start selling, when you will receive the first bank disbursement, and when units will be delivered. This transparency builds confidence among pre-sale buyers and allows you to negotiate better terms with contractors and suppliers.

Comprehensive Financial Analysis

This is the part that most differentiates Mondriam.

We build a dynamic financial model in Excel together with an interactive web dashboard that calculates:

  • Internal Rate of Return (IRR), Net Present Value (NPV), Payback period, ROI, and Profit Margin

  • Monthly cash flow projections for 10 years

  • Optimal equity/debt structuring

  • Sensitivity analysis (±20% variation in sales price, construction cost, interest rate, and sales speed)

  • Multiple scenarios: Base – Optimistic – Pessimistic – Stress (interest rates up to 12%, price drop of 25%)

  • Monte Carlo simulation (10,000 runs) to quantify probability of success

  • Break-even point and cash equilibrium

Key advantages

  • You can demonstrate to banks or financiers an IRR well above average with a high probability of success → faster approval and better financing conditions.

  • Private investors see the real, quantified risk → they close equity rounds in far fewer days.

  • You can offer pre-sale buyers a reliable “projected return,” which accelerates sales by 40-60%.

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© 2026

By Mondriam

We want to know you

San José

Costa Rica

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