Suitable for vacation rental
Designed to generate rental income
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Under Management
Suárez de Salazar 2
Cádiz
Funded
132.893 € (100%)
Total
132.893 €
284 investors
Under Management
Total operation amount
132.892,77 €
Mortgage
0,00 €
Total to fund
132.892,77 €
Internal Rate of Return (IRR)
10,38 %
Gross rental yield
11,82 %
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
16.000 €
Estimated term
4 years
Why invest in this apartment?
Rental demand
Summer season in Cádiz
Competitive acquisition price
25.93% discount to the average market price, according to our estimates
Apartment information
The property is located in the Santa María neighborhood, a central location for tourism, with the main tourist sights around it.
These are some of its features:
- Type: spacious property of 52 m2 with one bedroom, a full bathroom and a full kitchen, and a living-dining room. All exterior-facing and very bright. It is a type of property whose characteristics we know well.
- Price 25.93% below the market, which could contribute to the return, according to our estimates.
- Tourist license: it is an added feature since there is a chance to obtain it. This could add value to the property.
- Rental demand for mid-term and vacation rentals, since the central location of the property makes it suitable for living in the city temporarily or visiting it during vacation periods.
- Condition: we are going to carry out a renovation to add value to the property and get it fully ready for rental.
- Central location: within a walk of less than 5 minutes we find some of the city's most touristic spots.
- Plaza de San Juan de Dios (Plaza del Ayuntamiento), 1 minute's walk: 110 meters.
- Arco del Populo, 3 minutes' walk: 250 meters.
- Roman Theater, 4 minutes' walk: 270 meters.
- Paseo del Vendaval, 4 minutes' walk: 270 meters.
- Plaza de la Catedral, 4 minutes' walk: 350 meters.
- Puerta del Barrio de Santa María, 5 minutes' walk: 400 meters.
- Plaza de Sevilla, 5 minutes' walk: 400 meters.
Especificaciones técnicas
City
Cádiz
Neighborhood
Santa María
Antigüedad
1995
Referencia Catastral
2562404QA4426D0003IY
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
In the historic center of Cádiz
Area with tourist demand
One minute from City Hall
Among many other places of interest...
Close to the beach and the main leisure areas
Highly rated by tourists
Documentation
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