Camí Real 78, Vila-real

Carrer Camí Real, 78, Vila-real

Funded

86.419 € (100%)

Total

86.419 €

250 Investors

Under Management

Operation Total:

86.419,37 €

Mortgage:

0,00 €

Total to finance:

86.419,37 €

Internal Rate of Return (IRR):

10,92 %

Gross Rent Return

11,80 %

Net Rent Return

5,46 %

Cash on Cash

7,28 %

Return on Equity (ROE)

5,46 %
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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Camí Real 78, Vila-real

Carrer Camí Real, 78, Vila-real

Funded

86.419 € (100%)

Total

86.419,37 €

250 Inversores

Under Management

Funded

86.419 € (100%)

Total

86.419,37 €

250 Inversores

Under Management

Operation Total:

86.419,37 €

Mortgage:

0,00 €

Total to finance:

86.419,37 €

Internal Rate of Return (IRR):

10,92 %

Gross Rent Return

11,80 %

Net Rent Return

5,46 %

Cash on Cash

7,28 %

Return on Equity (ROE)

5,46 %
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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Property information
Project summary
Financial information
Documentation
Market study
Actualizaciones
Project summary

Why invest in this apartment?

Very high yields

Estimated IRR of 10.92%.

Excellent rental potential

An opportunity to obtain a significant monthly return

Project ready to generate benefits

Work is expected to be completed in approximately three weeks.

Information about the apartment

We are pleased to announce the launch of a new opportunity, in a new investment area. As you know, we are continuously monitoring the real estate market, looking for new investment opportunities, and without a doubt, we are convinced that we have been right.

So much so that we have gone ahead and have already acquired the property and started the renovations to shorten as much as possible its entry into operation.

This is a bank opportunity, operations with a lot of margin but whose acquisition can be complicated due to the bureaucracy they require (Prevention of money laundering, waiver of the Generalitat Valenciana, etc ...).

We have suffered these delays in other recent operations such as Cardenal Costa, Espronceda or José Más.

That is why we have decided not to publish banking opportunities, unless we have acquired them first, and thus avoid delays that only cost us money and discomfort.

Below, we show the main key points why we believe that this will be an extraordinary opportunity 

  • Villarreal: this is the second most populated municipality in the province, located just 7 kilometers from Castellón de Plana. Predominantly industrial, it is centralizing real estate investment because it offers a very high profitability in traditional rentals (see market study) and we will rent rooms to give that added value, and take advantage of its advantages.
  • Bank Opportunity: This property represents a unique opportunity, as it is a bank acquisition at a very economical price. As you know, we have been successful in acquiring bank owned properties in the past, such as Cardenal Costa or the San Telmo properties in Cadiz, which has allowed us to offer our investors opportunities acquired at well below market price.
  • Acquisition price: The purchase price of this property was exceptional. At the time of purchase, the price per square meter was more than 50% less than the average market value in the area. 
  • Final phase of construction and renovations: This property has already been acquired by Brickstarter, and the renovation is in its final phase, to avoid the delays typical of this type of opportunity.
  • Renovation and reorganization of the space: The property has an excellent distribution which will allow us to maximize its performance by obtaining an additional bedroom and bathroom, which will allow us to maximize its profitability.
  • Elevator: When the property was offered, the building did not have an elevator, but at the time of purchase it was already approved for installation (something we already knew and another reason why we opted for this property, as it automatically revalues the property). The elevator is currently in operation.
  • Very central location: and in one of the best areas of Villarreal, it consists of all residential services, including the Dolores Cano Royo Health Center and the Medefis clinic, among the main attractions are:
  • Gym: 3 minutes (200 meters)
  • Pharmacy: 3 minutes (210 meters)
  • Dolores Cano Health Center: 4 minutes (290 meters)
  • Calduch Botanical Park: 5 minutes (350 meters)
  • Consum Supermarkets: 5 minutes (350 meters)
  • Medefis Clinic: 6 minutes (450 meters)
  • City Museum Casa de Polo: 8 minutes (550 meters)
  • Lidl Supermarket: 8 minutes (600 meters)
  • Mercadona: 10 minutes (800 meters)
  • Cerámica Stadium: 12 minutes (850 meters)
  • Vila-real Train Station: 16 minutes (1200 meters)

Performance of similar apartments

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

Similar property

Rooms for rent for 210 euros per month.

Similar property

Rooms for rent for 300 euros per month.

City

Villarreal

Neighborhood

CAMI REAL

Antiquity

1966

Property registry number

8157302YK4285N0003JW

Type of property

Coliving

Type of investment

Residential

Square meter

72

Number of rooms

4

Number of bathrooms

2

Elevator

Yes

Manager

Brickstarter 004

Promoter

Brickstarter

Location

High Rental Demand

Located in an area with a relative shortage of rental vacancies

Accessibility and Proximity to Key Services

Health centers, supermarkets, parks and transportation stations are within walking distance.

Proximity to Castellón de la Plana

Villarreal is only 7 km from the provincial capital, which makes it an ideal dormitory town

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Incidencias

Information on the September dividend payment

Dear Investors:

We are writing to inform you of an error in the payment of the September dividends for the Camí Real project in Villarreal. Due to this error, the amount paid was less than the amount due.

We have scheduled the outstanding difference to be included with the October dividend payment to correct this. We have chosen to make the offset in the next monthly payment because, being a minor difference, an immediate payment would affect the proportional distribution, which could prevent some investors from receiving the amount of the difference correctly.

We apologize for any inconvenience this situation may have caused and thank you for your understanding. 


We remain at your disposal for any further questions.

 

Brickstarter Team

Do you have doubts?

We will be happy to help you