Estimated Internal Rate of Return (IRR) = 9.9%:
Estimated recurring income plus the possible capital gain on its sale.
Sold
Castellar - Sevilla
Sevilla
Funded
164.206 € (100%)
Total
164.206 €
156 investors
Sold
Total operation amount
164.205,56 €
Mortgage
0,00 €
Total to fund
164.205,56 €
Internal Rate of Return (IRR)
9,90 %
Gross rental yield
10,83 %
Net rental yield
4,85 %
Cash on Cash
5,71 %
Financial return (ROE)
4,85 %
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
2.000 €
Estimated term
4 years
Why invest in this apartment?
Estimated Cash on Cash return:
Estimated monthly recurring income of 5.71%.
Ready to start operating:
To operate throughout the whole season.
Apartment information
The apartment has a separate bedroom next to the bathroom and a living room with a kitchen as soon as you enter. The good thing about this apartment is that both areas are separated by a corridor, which gives guests sleeping in the living room more privacy, since the bedroom door does not open directly onto the living room.
In addition, here are other features of the property that we consider relevant:
- This home could have appreciation potential, since it is an easily accessible ground-floor unit that, according to our information, could comply with possible future legislative changes. There are plans to limit tourist housing to ground-floor units with independent street access and, according to our information, this apartment meets those requirements.
- Having a terrace makes it an attractive real estate asset. The terrace can be the showcase of the apartment and may allow us to offer more differentiated services than other properties, which could support higher nightly rates than standard apartments.
- The property is located in the historic center of Seville, and this will allow guests to visit the main monuments on a pleasant walk. It is only 300m from the “Palacio de las Dueñas” and the “Setas de Sevilla”.
- This is a one-bedroom property with a bathroom, with a maximum capacity of 4 people. According to our market study, it is a type of property in demand in Seville, with occupancy and income ratios that showed an upward trend.
- Given the characteristics of the property, we estimate occupancy and income ratios that could be above the average of other similar ground-floor apartments.
Technical specifications
City
Sevilla
Neighborhood
Feria
Year built
1970
Cadastral reference
5531049TG3453A0018MM
Property type
Vacation Rental Property
Investment type
Vacation Rental Property
Square meters
52
No. of bedrooms
1
No. of bathrooms
1
Manager
Brickstarter
Developer
Brickstarter
Seville
A city with growth in vacation rentals.
Casco Antiguo (Old Town)
According to 2018 data, the most in-demand district in the city.
District with the highest vacation income (2018)
According to 2018 data, the one with the highest average income, total income and occupancy.
Documentation
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