Análise comportamental dos indicadores no estudo de viabilidade para um empreendimento de interesse social na cidade de Arapiraca-AL.

Abstract

There is a fundamental importance in the feasibility study for any financial investment, including within real estate market. The present work is valuable for showing the minutiae, in the cash flow, contained in the scope of the popular houses, as well as the behavior of viability indicators for the case study in question. Anyway, knowing that the importance of this type of study exists, many investors neglect and take unknown risks, which is the reason for the failure in several projects. The objective of this work is to show how the economic viability indicators behave when submitted to different sales scenarios. For this, it will be shown by means of techniques already consolidated in relation to the items that make up the cash flow, both in the budget part, as in the revenue part, which revenues will follow the pricing recommendations of NBR 14653-4, with this the analysis becomes more robust in relation to the data used. After assembling the cash flow, the feasibility analysis indicators that will be analyzed are: Net Present Value (NPV), Internal Rate of Return (IRR) and Discounted Payback. Finally, after the conducting the surveys, it was concluded that the parameters for the scneraios simulated in the project under study are very sensitive to the moment when sales are happen, therefore, the focus on the fastest possible start of sales, considering all project issues, it is essencial to be able to increase the horizon of possible revenues.