Cardenal Costa

Cardenal costa 15 - Castellón

Funded

94.427 € (100%)

Total

94.427 €

166 Investors

Under Management

Operation Total:

94.426,86 €

Mortgage:

0,00 €

Total to finance:

94.426,86 €

Internal Rate of Return (IRR):

12,89 %

Gross Rent Return

13,72 %

Net Rent Return

6,50 %

Cash on Cash

8,66 %

Return on Equity (ROE)

6,50 %
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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Cardenal Costa

Cardenal costa 15 - Castellón

Funded

94.427 € (100%)

Total

94.426,86 €

166 Inversores

Under Management

Funded

94.427 € (100%)

Total

94.426,86 €

166 Inversores

Under Management

Operation Total:

94.426,86 €

Mortgage:

0,00 €

Total to finance:

94.426,86 €

Internal Rate of Return (IRR):

12,89 %

Gross Rent Return

13,72 %

Net Rent Return

6,50 %

Cash on Cash

8,66 %

Return on Equity (ROE)

6,50 %
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
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Project summary

Why invest in this apartment?

Very high yields

Estimated IRR of 12.89%.

Perfect location

It is a spacious home with all the facilities

High monthly profitability

Due to its high occupancy, a monthly profitability of 6.50% is estimated.

Information about the apartment

After the recent success of our last published opportunities in a new city, such as Elche. In Brickstarter, we do not cease in our efforts to expand our markets in other parts of Spain and continue to grow with our investors, to offer you the best investment opportunities, wherever they are. That is why today we present a new opportunity in Castellón, another city that we have been studying for some time, and that we consider has a very high potential.

This is an investment opportunity focused on room rentals or "coliving" (non-holiday real estate), which is giving us such good results.

The apartment is in good condition, perfectly located and very well distributed. It is a property of 76 square meters, which will be conditioned with all the facilities and will be renovated to have four bedrooms and two fully functional bathrooms plus a fully equipped kitchen, ideal for maximum profitability.

We could not miss this opportunity due to its excellent location (very close to the University Jaume I), and close to the Ribalta Park, and 4 minutes walking from the "Corte Ingles" and, above all, its price per square meter.

This is an opportunity acquired 35% below its market price, which we have been fighting for weeks, and which we have negotiated at an exceptional price, as the end of the year is approaching.


Performance of similar apartments

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Similar apartment

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Similar apartment

City

Castellón de la Plana

Neighborhood

La Viña

Antiquity

1964

Property registry number

2210703YK5321S0009JP

Type of property

Coliving

Type of investment

Residential

Square meter

76

Number of rooms

3

Number of bathrooms

2

Manager

Brickstarter

Promoter

Brickstarter

Location

Close to Universities

Perfect for students and teachers.

Close to the Provincial Hospital (10 minutes)

and the Corte Inglés (4 minutes).

Next to Ribalta Park

The green lung of the city.

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