Net Development Value
GDV minus sales costs and VAT — the actual revenue you receive. NDV reflects what ends up in the project account after agent fees, legal fees, and tax deductions are taken from gross sales.
Why it matters
Profit is calculated against NDV, not GDV. Overlooking sales costs can overstate returns by 3-5%.
In Profivo
Displayed alongside GDV in the revenue summary and used in all profitability calculations.