Acquired at a discount compared to the February 2020 price:
With a discount of 30 thousand euros.
Sold
Buenos Aires
Cádiz
Funded
126.994 € (100%)
Total
126.994 €
70 investors
Sold
Total operation amount
126.993,73 €
Mortgage
0,00 €
Total to fund
126.993,73 €
Internal Rate of Return (IRR)
10,52 %
Gross rental yield
8,40 %
Net rental yield
4,79 %
Cash on Cash
5,64 %
Financial return (ROE)
4,79 %
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.
Total operation: Total investment in the project.
Mortgage: Bank financing that will be requested to carry out the project.
Total to fund: Funding requested from investors.
IRR: Return offered by the investment.
Gross rental yield: Total annual rental income from the property divided by the total cost of the operation.
Net rental yield: Investor rental return (after deducting all project costs) relative to the total operation.
Cash on Cash: Income obtained by the shareholder relative to their investment.
ROE: Net financial return for the shareholder.
Renovation / works
13.500 €
Estimated term
4 years
Why invest in this apartment?
Demand for furnished apartments in Cádiz
for long-term, mid-term or vacation rental.
The property with the lowest price per square meter
Despite its central location
Apartment information
Once again, we are acquiring a property at a discount on the sale price of just a few months earlier.
Located on the ground floor, this is a spacious property, very bright thanks to its large windows. It has a large living-dining room to which we will add the kitchen to provide more space. It also has a large bedroom, with a bathroom and a small walk-in closet. The property is in a building that is in good condition, as can be seen in the photographs.
The whole home faces outside and has an abundance of light. With high ceilings and exposed beams, it is a very eye-catching apartment that, in our opinion, will be attractive for rental.
The layout and its location are suitable both for students and for professionals of all kinds. It is suitable for vacation rental, spacious, bright and photogenic.
Due to its features, and its capacity of up to 4 people, in its vacation model it will be able to host couples, or even small families or groups of friends.
Location.
At Brickstarter we are aware that the 3 most important features of a property are “location, location, location”, and in this sense we consider it favorable that the property is located in the historic center, very close to the rest of our properties.
The location is central, both for students, as well as workers and tourists. The walking distance to the main points of interest, according to Google Maps, is:
- Plaza San Antonio: 1 minute (110 meters)
- Plaza Mina: 1 minute (110 meters)
- Alameda Apodaca Gardens: 1 minute (81 meters)
- Plaza de España: 5 minutes (400 meters)
- University of Cádiz: 5 minutes (400 meters)
- Faculty of Philosophy and Letters: 5 minutes (450 meters)
- Faculty of Medicine: 7 minutes (550 meters)
- Hospital La Salud: 7 minutes (550 meters), San Rafael Clinic: 7 minutes (650 meters) and Women's Hospital, 8 minutes
Technical specifications
City
Cádiz
Neighborhood
Casco histórico
Cadastral reference
2069110QA4426G1001WY
Property type
Vacation Rental Property
Investment type
Vacation Rental Property
Square meters
58
No. of bedrooms
1
No. of bathrooms
1
Manager
brickstarter
Developer
Brickstarter
Four minutes' walk from the University of Cádiz
suitable for renting to students and professors during the school year
Seven minutes' walk from the Women's Hospital and La Salud
suitable for doctors and public health employees
11 minutes' walk from La Caleta Beach
location suitable for the summer season