Calle Benasal 9, Castellón de la Plana
Funded
Total
243 Inversores
Renovation works
Funded
Total
243 Inversores
Renovation works
Operation Total:
Mortgage:
Total to finance:
Internal Rate of Return (IRR):
Gross Rent Return
Net Rent Return
Cash on Cash
Return on Equity (ROE)
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.
If you invest:
The minimum investment amount is {{ limiteInversion }} €
You earn:
In total for the {{ rentabilidadAcumulada }}% Accumulated Net Profit.
The project estimates an IRR of 11.33%.
The purchase price of the apartment is €65,810, which is below market value.
A 20% increase in the sale price is expected.
We are pleased to announce the second investment opportunity in our new project in Castellón de la Plana. We are excited to move forward with this new opportunity in the project to transform the commercial space into three apartments, each with unique features that we have already detailed in our blog.
This second opportunity corresponds to a one-bedroom, one-bathroom apartment that has been perfectly designed to make the most of every space. The apartment will have a smart distribution that together with the natural luminosity create a warm and cozy atmosphere, perfect for people to settle down and enjoy life in the city of Castellón.
This apartment offers the opportunity to be part of a project that promises to generate very favorable returns with an estimated Internal Rate of Return (IRR) of 11.33%. In addition, another of the main attractions of this apartment is its competitive purchase price that is below the current market price, which allows maximizing the return on investment.
Another attraction of this property is the growing rental interest. Rental demand in the area is on the rise, which facilitates the search for tenants and increases the likelihood of finding people who value quality and are willing to pay a competitive rent while also ensuring consistent occupancy.
It is also necessary to take into account the revaluation of the property that it will have at the time of sale. With the integral reform that is made to the apartment and the improvements that modernize and beautify the space, the functionality and general attractiveness is increased. As a result, the apartment will be in a more competitive position in the real estate market and will increase its value allowing it to be sold at a higher price in the future.
We believe that this second investment opportunity in Castellón de la Plana has the necessary characteristics to invest in a profitable and secure property with great potential for appreciation.
Profitable properties, similar to this one that are generating profits to their investors
Selling price 98000 euros
Renovated first floor: 2 bedrooms and one bathroom.
Sales price 104700 euros
Renovated first floor: 65 square meters
City
Castellón
Neighborhood
Castellon de la Plana
Antiquity
1968
Property registry number
2698302YK5229N0001LP
Type of property
Coliving
Type of investment
Residential
Square meter
45
Number of rooms
1
Number of bathrooms
1
Manager
Brickstarter 004
Promoter
Brickstarter
The apartment is located in a privileged area, surrounded by pharmacies, supermarkets, etc.
The area has a high demand for housing, which facilitates the search for tenants.
With easy access to the city center and excellent public transport connections
Soon you will receive an email to confirm your Brickstarter account.
We hope to see you soon!