Acquisition price
Acquired at a 41% discount compared to current listings
Sold
Maria Arteaga
Cádiz
Funded
117.464 € (100%)
Total
117.464 €
57 investors
Sold
Total operation amount
117.463,61 €
Mortgage
0,00 €
Total to fund
117.463,61 €
Internal Rate of Return (IRR)
11,18 %
Gross rental yield
9,08 %
Net rental yield
5,19 %
Cash on Cash
6,10 %
Financial return (ROE)
5,19 %
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
9.100 €
Estimated term
4 years
Why invest in this apartment?
Target sale price
15% below the current listing price
Condition of the property
Only requires minor improvements
Apartment information
The property is well located in the historic center of Cádiz, in the iconic La Viña neighborhood. Surrounded by the most important points of interest in Cádiz. The location is suitable for tourists who want to enjoy the charms of the city, for any of the 26,000 students and staff of the university, and for any of the city's residents and workers, as it is close to hospitals, government centers, etc.
The walking distance to the main points of interest, according to Google Maps, is:
- Mercado Central de Abastos: 1 minute (110 meters)
- Women's Hospital: 3 minutes (250 meters)
- Torre Tavira: 4 minutes (300 meters)
- University of Cádiz: 6 minutes (450 meters)
- Cádiz Cathedral 4: 6 minutes (500 meters)
- La Caleta Beach: 7 minutes (500 meters)
- Hospital La Salud: 7 minutes (550 meters)
- Plaza de la Candelaria: 7 minutes (550 meters)
Technical specifications
City
Cádiz
Neighborhood
La Viña
Cadastral reference
1863212QA4416D0005GR
Property type
Vacation Rental Property
Investment type
Vacation Rental Property
Square meters
75
No. of bedrooms
2
No. of bathrooms
1
Manager
Brickstarter
Developer
Brickstarter
Historic Center
With scarce land as it is a peninsula
Mercado de Abastos, Cathedral, La Caleta
1 minute's walk from the Mercado de Abastos, 6 from the Cathedral
Universities, hospitals
7 minutes' walk from universities and hospitals
Documentation
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