Cristóbal Colón - Cádiz

cristobal colón 21, cádiz

Funded

148.415 € (100%)

Total

148.415 €

38 Investors

Sold

Operation Total:

148.414,68 €

Mortgage:

0,00 €

Total to finance:

148.414,68 €

Internal Rate of Return (IRR):

10,22 %

Gross Rent Return

11,42 %

Net Rent Return

5,08 %

Cash on Cash

5,97 %

Return on Equity (ROE)

5,08 %
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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Cristóbal Colón - Cádiz

cristobal colón 21, cádiz

Funded

148.415 € (100%)

Total

148.414,68 €

38 Inversores

Sold

Funded

148.415 € (100%)

Total

148.414,68 €

38 Inversores

Sold

Operation Total:

148.414,68 €

Mortgage:

0,00 €

Total to finance:

148.414,68 €

Internal Rate of Return (IRR):

10,22 %

Gross Rent Return

11,42 %

Net Rent Return

5,08 %

Cash on Cash

5,97 %

Return on Equity (ROE)

5,08 %
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?

Acquired below market price

Property acquired 7% below market price.

Maximum IRR profitability

High IRR profitability = 10.22% per year, once all expenses are discounted.

High cash return of 6%

Due to its purchase price, the profitability ratios are excellent.

Information about the apartment

We return to Cádiz!

We cannot ignore Cádiz, as it is one of the Andalusian cities with the highest profitability in vacation rentals.

This new opportunity is surrounded by all the Cadiz culture that contains the historic center of Cádiz. The cathedral is located just 200 meters away from the apartment, 100 meters away from the Town Hall and the Food Market and only 500 meters away from the Tavira Tower.

With unbeatable access by both sea and land, since it is 300 meters away from the Port of Cádiz, close to a public parking lot where we have a garage (reserved for Brickstarter customers) and only half a kilometer away from the train station.

Regarding the property, it is a one bedroom apartment, with living room, kitchen and 1 bathroom with capacity for 4 people.

The apartment is in perfect condition with luxury finishes, marble floors, tilt-and-turn double glazed windows, built-in wardrobe, smooth walls...

But the best thing about this property is its terrace that allows tourists to enjoy a small corner to relax.

We will decorate the room so that it is completely cozy and guests feel like they are home. We will use the terrace to create a rest space that will be the main attraction of the house, since it is something very demanded by tourists.

It is located in a semi-new building with elevator, completely renovated in 2012.

A new opportunity awaits you!

Performance of similar apartments

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Income 17.705 Euros in 2018

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Income 18.471 Euros in 2018

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City

Cádiz

Neighborhood

Pópulo

Antiquity

2012

Property registry number

2464813QA4426C0006UM

Type of property

Vacation Rental Property

Type of investment

Vacation Rental Property

Square meter

54

Number of rooms

1

Number of bathrooms

1

Elevator

Yes

Manager

brickstarter

Promoter

Brickstarter

Location

Located in the heart of Cádiz

2 minutes away from the Cathedral and the main monuments of the city.

Public parking just a few meters away

For higher comfort. Something very demanded in Cádiz.

Very well communicated

A few meters away from the subway, bus station and the port.

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