Similar to our San Telmo I opportunity
adjacent property, of similar type and location
Sold
San Telmo II
Cádiz
Funded
138.506 € (100%)
Total
138.506 €
205 investors
Sold
Total operation amount
138.506,15 €
Mortgage
0,00 €
Total to fund
138.506,15 €
Internal Rate of Return (IRR)
10,26 %
Gross rental yield
7,99 %
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
11.000 €
Estimated term
4 years
Why invest in this apartment?
Property type in demand in Cádiz:
rental demand given the scarcity of land
Versatile apartment:
for long-term, mid-term or vacation rental
Apartment information
This is a brand-new property that we acquired from an investment fund at a large discount on the initial sale price.
It is a spacious property, with a very good layout: living-dining room with integrated kitchen, a separate double bedroom, a full bathroom, and a large terrace that gives the property a great deal of light. Both the living room and the bedroom have large windows, making them very bright rooms. The bedroom also has a lovely built-in wardrobe lacquered in white, which together with the parquet floor makes the whole apartment modern and stylish.
The layout is suitable both for hosting mid-term guests and for vacation rental.
It is a very versatile property, with capacity for up to 4 people, suitable for couples and small families.
The location
The location is one of the strong points of this apartment, since the historic center is an area with demand from tourists, students and civil servants. The walking distance to the main points of interest, according to Google Maps, is:
- University of Cádiz (medicine): 1 minute (110 meters)
- University of Cádiz (vice-rectorate): 2 minutes (180 meters)
- San Rafael Clinic: 3 minutes (250 meters)
- Catholic University of Cádiz: 4 minutes (350 meters)
- La Caleta Beach: 6 minutes (550 meters)
- University of Cádiz (economics): 7 minutes (600 meters)
- Women's Hospital: 7 minutes (600 meters) Hospital la Salud: 9 minutes
Technical specifications
City
Cádiz
Neighborhood
Casco histórico
Year built
2019
Cadastral reference
1668809QA4416H0001UD
Property type
Vacation Rental Property
Investment type
Vacation Rental Property
Square meters
52
No. of bedrooms
2
No. of bathrooms
1
Manager
Brickstarter
Developer
Brickstarter
One minute from the University of Cádiz:
suitable for renting to students and professors during the school year
Three minutes from the San Rafael Clinic:
suitable for doctors and public health employees
Six minutes from La Caleta Beach:
location suitable for the summer season
Documentation
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