Property Development Business

Business Idea: Start A Property Development Business in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$163K
Avg Startup Costs
$11.7K
Score
74
Market Size
Avg Revenue
Min Revenue
$1.5K/month
Max Revenue
$400K/month
Avg Days To Build
30 days

Property development involves the acquisition of land or existing buildings, followed by improvement of the property, and finally selling or leasing the improved property for a profit.

Developers take substantial risks in acquiring the property, securing financing, obtaining permits, designing the project, and overseeing the construction.

Property development can be highly profitable, offering significant returns on investment.

Property developers add value by transforming raw land or outdated buildings into modern and functional spaces like residential, retail, industrial, and commercial real estate.

Revenue & Profitability

How much do property development businesses make?

Startup Costs

How much does it cost to start a property development business?

  • It can cost as low as $1 to start a property development business.
  • It can cost as high as $25,000 to start a property development business.

Learn more about the costs of a property development business.

Examples Of Successful Property Development Businesses

Successful property development business businesses and case studies

Machinery Partner's founder Ciaran made almost $500k in machinery sales last month targeting small to medium-sized contracting businesses in the US and aims to become the go-to digital dealership for heavy equipment, with its standout quality being accessible remotely, delivered directly from manufacturers.

$400K Monthly Revenue
$25K Startup Costs
Read by 11,213 founders

Casa Mia Coliving, a sustainable and modern co-living and property management company in Singapore offering affordable accommodation, has an annualized revenue of $2.5M with 150 bedrooms across popular neighborhoods, attracting young professionals and boasting a 10x LTV/CAC ratio, all while focusing on unit economics and profitable growth.

$200K Monthly Revenue
Read by 4,298 founders

See full list of successful property development businesses.