05 May 2019
The data from our analysis show growing tourist demand in Cádiz; the return is not guaranteed.
Cádiz has started the year at all-time highs. In the first quarter, the number of travelers and overnight stays has increased by more than 20% compared with 2018.
These figures show the growth of tourism in Cádiz, according to the sources cited.
Andalusian tourist apartments came close to 209 thousand travelers in February 2019, which represents an increase of 19.7% compared with the same month of the previous year. Domestic travelers show an increase of 27.9%, and international travelers likewise experience a rise of 12.9%.
Chart 1: Junta de Andalucía
Andalusia ranks third in the vacation rental ranking in Spain, capturing 15.1% of overnight stays, and in February it achieved one of the best results among the tourist autonomous communities, above the Spanish average in both the domestic and the foreign market.
Chart 2: Junta de Andalucía
Andalusia currently presents less regulatory uncertainty than the Canary Islands and the Valencian Community, although regulation may change. This is because in these last two communities the regulations on tourist apartments are being drawn up, and it is a rather uncertain situation that provides very little security when investing in this sector.
Cádiz is one of the cities where we have launched an investment opportunity.
As you can see in the following charts taken from our Big Data algorithm, in our analysis the estimated gross return of Cádiz is 16.29%, compared with other cities such as Valencia or Málaga, and it is not guaranteed. This is reflected in the average of rental income relative to the purchase price of the properties, where we see that Málaga has slightly higher income, but also a much higher price per square meter (€3,860/m2), so its estimated gross return in our analysis is 9.76%, 6.53 points lower than that of Cádiz; these are estimates without guarantee.
Chart 3: Brickstarter
For this reason, we have decided to launch a new opportunity in this city. It is a new property carefully selected to meet our criteria of estimated return and seasonality.
In this case it is a penthouse. We are leaning toward apartments with a terrace because it is the type of vacation apartment most in demand among tourists and with the least supply. The terrace adds an additional and exclusive experience to our travelers' much-desired vacations.
From the terrace of this tourist apartment there are panoramic views of the whole city and privileged views of the Cathedral and the sea (Port of Cádiz).
Cádiz is a very beautiful city, but as always, we want our guests to feel so at home that they do not want to leave our place.
The property is launched for investment at €162,784.
If you would like to see more information about the opportunity, the financial report, market study, etc., register by clicking here and in the properties section you will find all the details.
Past or estimated returns do not guarantee future returns. Investing involves a risk of total or partial loss of the invested capital.
Soon you will receive an email to confirm your Brickstarter account.
We hope to see you soon!
