SUBSTANTIATION ALGORITHM FOR ESTIMATING THE EFFECTIVENESS of REALIZATION INVESTMENT BUILDING PROJECTS OF RECREATIONAL PROPERTY
An algorithm for evaluating the effectiveness of implementation the investment project to build a recreational facility was developed. Stages of investment building project life cycle is divided into three stages: pre-investment; investment, operation phase. It identified five stages of the pre-investment stage. The approbation of the developed algorithm was made, the effectiveness of the implementation of investment building project of the recreational property in the Republic of Crimea was evaluated.