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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.

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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.

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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.

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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:

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  • 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

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  • 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:

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  • 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

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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:

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  • 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

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​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.

Regulatory Evaluation

We thoroughly review:

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  • 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.)

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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

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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:

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  • Land + professional fees + permits

  • Direct construction costs (structure, finishes, installations)

  • Indirect costs and contingencies (10-15%)

  • Commercialization and marketing expenses

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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:

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

  • Critical path

  • Activity dependencies

  • Resource allocation and responsible parties

Competitive advantage

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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:

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  • 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

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  • 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 about you

San José

Costa Rica

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