Zorita 20 - Apartment 5

We present the last property of the building for our community of investors. As we've stated in our previous opportunities and highlighted in our previous properties, this building is well located, with easy access to everyday services.

 Also, it's important to keep in mind that each investment opportunity has a specific cost, and there are many factors that contribute to this. One of these is the floor level within the building, as people tend to value lower floors more due to their accessibility. The state of the property at the time of acquisition is another aspect we look at when estimating the cost of an investment opportunity. The cost would be lower if the structure required significant renovations.

 This property is estimated to generate rental income after the renovations are finished and the required furniture and equipment are bought.

 Below are the six key points for this project:

1.       Price per square meter at more than 38% of the neighborhood average, according to our estimates, which could allow a sale at a higher price in the future.

2.       According to our analysis, no fees or restrictions and no administrative licenses are necessary for use as a coliving space.

3.       With quality finishes and rental potential, the property layout can be defined using preferred materials when the site is empty.

4.       Ideal for coliving, individual rentals, or families, this three-bedroom home has one bathroom and an open-plan kitchen.

5.       Adaptable property close to Castellón's beaches with the opportunity for summer vacation rentals.

6.       Given its qualities and purchase price, it is estimated that it could have potential for appreciation and for generating rental income.

 7.       Location: Very strategically located, just a few minutes' walk from the main attractions of the city:

• Consum supermarket: 2 minutes (180 meters)
• Dia supermarket: 2 minutes (170 meters)
• Mercadona supermarket: 4 minutes (300 meters)
• El Corte Inglés supermarket: 4 minutes (290 meters)
• Train Station and AVE: 4 minutes (350 meters)
• Bullring of Castellón: 6 minutes (550 meters)
• Ribalta Park: 8 minutes (700 meters)
• Provincial Hospital of Castelló: 8 minutes (700 meters)
• Gaetà Huguet sports facilities: 17 minutes (1,300 meters)
• Universitat Jaume I: 21 minutes (1,600 meters)
• Salera Shopping Center (Primark, Pepco, JD Sports): 21 minutes (1,600 meters)
• Estepark Shopping and Leisure Center: 25 minutes (2,100 meters)