Ático Tavira - Cádiz

Rosario Cepeda 9

Funded

176.139 € (100%)

Total

176.139 €

61 Investors

Sold

Operation Total:

176.139,05 €

Mortgage:

0,00 €

Total to finance:

176.139,05 €

Internal Rate of Return (IRR):

9,14 %

Gross Rent Return

11,87 %

Net Rent Return

5,47 %

Cash on Cash

6,44 %

Return on Equity (ROE)

5,47 %
What do these figures mean?

Total operation: Total project investment.

Mortgage: Banking financing that will be requested to achieve the project.

Total funds: Funds requested from investors.

IRR: Return offered by the investment.

Gross Return on Rent: Total rent income divided by the total cost of the operation.

Net Rent Return: Return of the investor for the rent (once all the expenses of the project have been deducted), with respect to the total of the operation.

Cash on Cash: Income obtained by the shareholder in relation to his investment.

ROE: Net Financial Return for the Shareholder.

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Ático Tavira - Cádiz

Rosario Cepeda 9

Funded

176.139 € (100%)

Total

176.139,05 €

61 Inversores

Sold

Funded

176.139 € (100%)

Total

176.139,05 €

61 Inversores

Sold

Operation Total:

176.139,05 €

Mortgage:

0,00 €

Total to finance:

176.139,05 €

Internal Rate of Return (IRR):

9,14 %

Gross Rent Return

11,87 %

Net Rent Return

5,47 %

Cash on Cash

6,44 %

Return on Equity (ROE)

5,47 %
What do these figures mean?

Total operation: Total project investment.

Mortgage: Banking financing that will be requested to achieve the project.

Total funds: Funds requested from investors.

IRR: Return offered by the investment.

Gross Return on Rent: Total rent income divided by the total cost of the operation.

Net Rent Return: Return of the investor for the rent (once all the expenses of the project have been deducted), with respect to the total of the operation.

Cash on Cash: Income obtained by the shareholder in relation to his investment.

ROE: Net Financial Return for the Shareholder.

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Project summary

Why invest in this apartment?

Profitability Gross Rent

Profitability Gross Rent: 11.87% get the maximum return on vacation rentals.

Very high profitability IRR

Very high profitability IRR = 9.14% annual. Once all the expenses have been deducted

Cádiz is fashionable

The city that has fallen in love "The New York Times"

Information about the apartment

¡We go back to Cádiz!

It is about a beautiful penthouse of 51 square meters, and 2 terraces of private use and enjoyment: the first one of 12 square meters, and the second with another 55 square meters, located in the heart of Cádiz, the most emblematic and beautiful neighborhood of the city. A few meters from the "Torre Tavira" and the "Cathedral", it represents an excellent opportunity due to the potential of the building itself.

Located at the highest point of the peninsula, your guests can enjoy from the formidable terrace the fabulous views of the entire city.

It is the district with the greatest demand for accommodation by tourists, as it is surrounded by the main points of interest of the city, and the most emblematic beaches of the city.

Regarding the property, it is a typology of so much demanded apartments and with current low offer, since, for the typology of Cádiz’ buildings, it is not usual to find this type of terraces so wide.

And the property has two very large terraces, for private use, which undoubtedly will delight guests: one overlooking the Torre Tavira itself, and another smaller, ideal for more intimate dinners.

It is a property that only needs a few tweaks and that can soon be put into production.

Do not let this chance go away! 

Performance of similar apartments

Profitable properties, similar to this one that are generating profits to their investors

Revenues of 21.474 Euros in 2018

Worst location and without jacuzzi

Revenues of 20.705 Euros in 2018

Worst location and without jacuzzi

City

Cádiz

Neighborhood

El Mentidero

Antiquity

2007

Property registry number

1966612QA4416F0005GX

Type of property

Vacation Rental Property

Type of investment

Vacation Rental Property

Square meter

51

Number of rooms

1

Number of bathrooms

1

Manager

Brickstarter

Promoter

Brickstarter

Location

Only 50 meters from the Tavira Tower

From the Mercado de Abastos and the Plaza de las Flores

Very close to the "La Caleta" beach

The most emblematic beach in Cádiz

In the heart of Cádiz!

The zip code with the largest influx of tourists 11001

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