Learn live: How to find development hotspots

Property development feasibility is the term used when property developers discuss whether a project is viable; worth the time, effort, and financial investment required in order to ensure a successful build.

Property development feasibility is an in-depth study that helps property developers better understand whether to go ahead with a development project and how to do so. Feasibility studies are a multifaceted, objective process whereby risk and reward are weighed up, with a view to potential pitfalls and opportunities to maximise profit.

The process of land development can be complex. More than buying land or property, building on it, and selling the final product, there are many steps along the way. Keeping track of these steps is the difference between making a profit or a loss.