One of the least expensive properties on Brickstarter
Which, according to our estimates, could favor its appreciation.
Sold
Pasquin 5
Cádiz
Funded
108.625 € (100%)
Total
108.625 €
218 investors
Sold
Total operation amount
108.624,98 €
Mortgage
0,00 €
Total to fund
108.624,98 €
Internal Rate of Return (IRR)
10,13 %
Gross rental yield
13,22 %
Net rental yield
5,70 %
Cash on Cash
6,70 %
Financial return (ROE)
5,70 %
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
3.000 €
Estimated term
4 years
Why invest in this apartment?
Vacation rental booking history
Licensed property with good reviews
We acquired it furnished and ready to operate
With the aim of generating income as soon as possible.
Apartment information
The apartment is fully move-in ready, with all licenses in order and perfectly furnished. This could shorten the time until the first rental income is obtained.
This property has the following features:
- Great location:
- Mercado Central de Abastos: 4 minutes (350 meters)
- Paseo del Vendaval: 1 minute (150 meters)
- Torre Tavira: 5 minutes (400 meters)
- La Caleta Beach: 6 minutes (500 meters)
- University of Cádiz: 7 minutes (550 meters)
- Cádiz Cathedral 4: 7 minutes (600 meters)
- Plaza de la Candelaria: 9 minutes (700 meters)
- It is the least expensive apartment we have acquired in Cádiz to date.
- Demand for tourist apartments that, in our opinion, grows with the economic recovery.
- It has been on vacation rental and mid-term rental in recent times, which indicates interest from tourists in an apartment with these characteristics.
- A property that, due to its low cost, could generate a return from rental, even when rented on a mid-term basis outside the summer period.
Technical specifications
City
Cádiz
Neighborhood
La Viña
Year built
2010
Cadastral reference
1862115QA4416B001OSA
Property type
Vacation Rental Property
Investment type
Vacation Rental Property
Square meters
30
No. of bedrooms
1
No. of bathrooms
1
Manager
Brickstarter
Developer
Brickstarter
In the historic center
area with tourist demand
In the La Viña neighborhood
area with tourist demand within the historic center
Near universities and main monuments
suitable for tourists and for mid-term rental
Documentation
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