Castellar - Sevilla

castellar 56, sevilla

Funded

164.206 € (100%)

Total

164.206 €

147 Investors

Under Management

Operation Total:

164.205,56 €

Mortgage:

0,00 €

Total to finance:

164.205,56 €

Internal Rate of Return (IRR):

9,90 %

Gross Rent Return

10,83 %

Net Rent Return

4,85 %

Cash on Cash

5,71 %

Return on Equity (ROE)

4,85 %
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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Castellar - Sevilla

castellar 56, sevilla

Funded

164.206 € (100%)

Total

164.205,56 €

147 Inversores

Under Management

Funded

164.206 € (100%)

Total

164.205,56 €

147 Inversores

Under Management

Operation Total:

164.205,56 €

Mortgage:

0,00 €

Total to finance:

164.205,56 €

Internal Rate of Return (IRR):

9,90 %

Gross Rent Return

10,83 %

Net Rent Return

4,85 %

Cash on Cash

5,71 %

Return on Equity (ROE)

4,85 %
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
Project summary

Why invest in this apartment?

High Profitability Rate (IRR)=9.9%:

Recurring income and goodwill with its sale.

Very High Profitability Cash on Cash:

High monthly recurring income of 5.71%.

Ready to start earning money:

To take advantage of the whole season.

Information about the apartment

¡We are here to stay!

We were slow to find our first opportunity in this city, but now that we are here, we want to continue betting on its special charm.

Seville is characterized by having high incomes in the tourism sector and little seasonality. It is the third city of Spain with the highest number of overnight stays. This year broke the records when we speak about travelers, overnight stays and hotel and apartment occupancy.

The data offered by the Tourist Data Center of Seville shows that there is a considerable increase in international tourists, much higher than that of national datas, in the first 6 months of 2019. Foreign tourists represent 60% of the total number of travelers that arrive, and this is increase of 8.06% compared to the first half of 2019.

Therefore, we launched this new opportunity in the historic center, one of the largest in Europe. It is a one bedroom and one bathroom apartment, where 4 people can live, perfectly located in the district with more income in 2018, and higher occupancy rate, the "Casco Antiguo" (Old Town).


Performance of similar apartments

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

Annual revenues (aprox): 20.117 €

Shared terrace, not private.

Annual revenues (aprox): 19.769 €

No terrace

City

Sevilla

Neighborhood

Feria

Antiquity

1970

Property registry number

5531049TG3453A0018MM

Type of property

Vacation Rental Property

Type of investment

Vacation Rental Property

Square meter

52

Number of rooms

1

Number of bathrooms

1

Manager

Brickstarter

Promoter

Brickstarter

Location

Seville

One of the fastest growing cities during holidays.

Casco Antiguo (Old Town)

The most demanded district in the entire city.

Best district for holidays

The one with the highest average income, total income and occupation.

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