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Botica 4

Cádiz

Funded

135.030 € (100%)

Total

135.030 €

258 investors Sold
Total operation amount 135.030,03 €
Mortgage 0,00 €
Total to fund 135.030,03 €
Internal Rate of Return (IRR) 10,25 %
Gross rental yield 11,63 %
Net rental yield 5,10 %
Cash on Cash 6,00 %
Financial return (ROE) 5,10 %

Investing in this product involves the risk of losing some or all of the capital invested. Past or estimated returns do not guarantee future returns.

Renovation / works 11.800 €
Estimated term 4 years

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Why invest in this apartment?

Tourist property in Cádiz

we anticipate obtaining a tourist license, which could add value to the property.

Competitive acquisition price

acquired 33% below the market price.

Stately building with an elevator

in very good condition and well located.

Apartment information

This beautiful apartment located in the historic center of Cádiz has certain features that make it quite special. For example, the large building it is in, which has an elevator, something quite hard to find in Cádiz, and is truly welcoming. The property, dating from 2015, is impeccable.

Its main features are:

  1. Typology: The apartment is a spacious mezzanine-level apartment in a building with an elevator, with one bedroom and one bathroom. Of course, it also has a dining room with eat-in kitchen. It is a spacious apartment, with an area of 61 square meters.
  2. Price: The purchase price is lower than the market price for an apartment with these characteristics in the current context. We bought at a 33% discount on the market price, which allows us to set a target sale price in line with the current market price.
  3. Tourist license: We have carried out the relevant study and we anticipate being able to obtain the tourist license for this property, something that could be valuable since the Cádiz City Council is trying to restrict the number of permits of this type. We consider that being able to have a tourist license could add value to the apartment at the time of a future sale.
  4. Demand, also for mid-term rentals: We know the city and, in our experience, apartments of this style have demand not only in vacation rental, but also in mid-term rental. The University of Cádiz alone already has more than 20,000 students and almost 3,000 employees, and this is an ideal apartment for tourists, students or young professionals.
  5. Condition: One of the qualities that most sets it apart from the rest is the building it is in. It is in very good condition, has an elevator and a really beautiful patio. In general it is a truly beautiful building, something quite hard to find in the city of Cádiz and which, in our opinion, guests may value positively.
  6. Central location. These are some of the points of interest you can find near the apartment (less than 10 minutes' walk)
    • Train station 2 minutes away (200 meters).
    • Plaza San Juan de Dios 4 minutes away (300 meters).
    • The City Hall is 4 minutes away (300 meters).
    • Port of Cádiz 7 minutes away (500 meters).
    • Cádiz Cathedral 7 minutes away (500 meters).
    • Santa María del Mar Beach 9 minutes' walk away (750 meters).

Especificaciones técnicas

City

Cádiz

Neighborhood

Santa María

Antigüedad

2015

Referencia Catastral

2761906QA4426b0006TF

Tipología del inmueble

Vacation Rental Property

Tipo de inversión

Vacation Rental Property

Square meters

61

Nº de habitaciones

1

No. of bathrooms

1

Gestor

Brickstarter

Promotor

Brickstarter

Historic Center

area with demand from tourists and students

Santa María neighborhood

just 300 meters from the City Hall.

Very close to the beach

less than 10 minutes' walk from the beach.

Este contenido solo está disponible para usuarios registrados

Regístrate gratis y podrás acceder a muchos más datos de cada inmueble antes de invertir.

Este contenido solo está disponible para usuarios registrados

Regístrate gratis y podrás acceder a muchos más datos de cada inmueble antes de invertir.

Este contenido solo está disponible para usuarios registrados

Regístrate gratis y podrás acceder a muchos más datos de cada inmueble antes de invertir.

Este contenido solo está disponible para usuarios registrados

Regístrate gratis y podrás acceder a muchos más datos de cada inmueble antes de invertir.