Estimated net return = 5.62%
Estimate after deducting the expected expenses.
Sold
La Caleta - Cádiz
Cádiz
Funded
149.026 € (100%)
Total
149.026 €
55 investors
Sold
Total operation amount
149.026,25 €
Mortgage
0,00 €
Total to fund
149.026,25 €
Internal Rate of Return (IRR)
9,88 %
Gross rental yield
11,65 %
Net rental yield
5,62 %
Cash on Cash
5,62 %
Financial return (ROE)
5,62 %
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
700 €
Estimated term
4 years
Why invest in this apartment?
Property with vacation rental license
Has a short operating history
Vacation-use building
The whole building is for vacation use
Apartment information
This is a first-floor unit, in a building that will be devoted entirely to vacation rentals. It has the typical Cádiz patio that brings so much light to properties.
Just 5 minutes on foot from "La Caleta" beach and 300 meters from the Mercado de Abastos, the Cathedral and the city's main monuments.
This is a one-bedroom, one-bathroom apartment with capacity for 4 people. It is very bright and has a large balcony overlooking the street. The renovation has salvaged the old wooden beams, which add a touch of elegance and authenticity.
Both the bedroom and the living room have direct natural ventilation. The property also has air conditioning throughout the apartment.
The property is already operating as a tourist apartment and has received positive feedback. Some minor cosmetic improvements have been negotiated with the seller (included in the price).
It is planned to install small home automation modules, with the aim of reducing management and utility costs.
Technical specifications
City
Cádiz
Neighborhood
Mentidero
Year built
2010
Cadastral reference
1665408QA4416F0001DK
Property type
Vacation Rental Property
Investment type
Vacation Rental Property
Square meters
33
No. of bedrooms
1
No. of bathrooms
1
Manager
Brickstarter
Developer
Brickstarter
Very close to "La Caleta" beach
Between Santa Catalina Castle and San Sebastián Castle
Mercado de Abastos just 300 meters away
Full of bars and restaurants, in the very heart of Cádiz
University of Cádiz just 160 meters away
Especially suited to students.
Documentation
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