Price below market price
36% discount to the market price
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Under Management
Suárez de Salazar 1
Cádiz
Funded
134.000 € (100%)
Total
134.000 €
248 investors
Under Management
Total operation amount
133.999,80 €
Mortgage
0,00 €
Total to fund
133.999,80 €
Internal Rate of Return (IRR)
10,31 %
Gross rental yield
11,72 %
Net rental yield
5,14 %
Cash on Cash
6,05 %
Financial return (ROE)
5,14 %
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
16.000 €
Estimated term
4 years
Why invest in this apartment?
Good condition
We expect to make use of the holiday season
Central location
Suited to short and mid-term rentals
Apartment information
This property is located in Barrio Santa María, literally a one-minute walk from Plaza San Juan de Dios. It has a central location, well suited to tourist accommodation, close to the main points of interest of the city.
The main features of this property are:
- Typology: the property is very well laid out with one bedroom, one bathroom, a kitchen, and a living room. In our experience, there is demand for this kind of property. It is also a large and bright apartment (52 square meters).
- Price: we are buying this property at a 36% discount to its market price. This could allow us to set a competitive target selling price.
- We expect to obtain its vacation rental property license, which may add value to the investment.
- There is also demand for mid-term rental properties in that area. In case there are travel restrictions, we could also generate income from colivers.
- Condition: the property is in very good condition and we expect to be able to rent it to tourists. Nevertheless, we will need to pay for some renovations in the building that are already considered in the business plan.
- Location. Its location is central. According to Google Maps:
- Plaza de San Juan de Dios (City Hall square): a 1-minute walk: 110 meters.
- Arco del Populo. 3-minute walk. 250 meters.
- Roman Theater. 4-minute walk. 270 meters.
- Paseo del Vendaval. 4-minute walk. 270 meters.
- Plaza de la Catedral. 4-minute walk. 350 meters.
- Puerta del Barrio de Santa María. 5-minute walk. 400 meters.
- Plaza de Sevilla. 5-minute walk. 400 meters.
Especificaciones técnicas
City
Cádiz
Neighborhood
Santa María
Antigüedad
1995
Referencia Catastral
2562404QA4426D0004OU
Tipología del inmueble
Vacation Rental Property
Tipo de inversión
Vacation Rental Property
Square meters
52
Nº de habitaciones
1
No. of bathrooms
1
Gestor
Brickstarter
Promotor
Brickstarter
Downtown: Historic center
A district with tourist demand
One-minute walk from City Hall
in "Plaza de San Juan"
Near the beach and the city’s main points of interest
A 4-minute walk to the Cathedral
Documentation
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