Calle Lucena 39, Castellón de la Plana
Funded
Total
145 Inversores
Under Management
Funded
Total
145 Inversores
Under Management
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.
A return of 11.32% is estimated, which is not guaranteed and depends, among other factors, on the time it takes to sell the property.
The goal will be to sell the property as quickly as possible, which, if achieved, could improve the estimated IRR, with no guarantee.
Converting from commercial to residential use can increase the value of the property
We are presenting you with a new investment opportunity from our flipping business, which we have planned in the Lucena Project.
You can find out more about our flipping strategies here, and learn the details of the Lucena Project here.
The project involves the acquisition of two neighboring commercial premises that will be transformed into five individual studios, each with its own cadastral reference. The aim is to generate value through renovation, change of use and horizontal property division. In addition, the studios will be furnished to offer a turnkey product to the end investor.
The goal is to provide modern studios, with capacity for two people, in a central location and at an affordable price that is attractive to different investors.
This flipping model is our new line of more dynamic projects, with higher capital turnover and an estimated return for our investors, which is not guaranteed.
Converting commercial spaces into housing is a strategy that aims to take advantage of urban growth and the demand for affordable housing solutions.
The target price of €84,527, with renovations and furniture included, is, according to our estimates, competitive compared with the local market, which could facilitate a quick sale or good occupancy.
A controlled initial cost combined with potential income puts the estimated IRR at 11.32%, with no guarantee that it will be reached.
The studios may appreciate in value due to their accessibility and urban demand, although returns, both short-term and long-term, are not guaranteed.
They could generate proportionally higher income, with each studio estimated to produce €9,000 per year in rent.
They attract everyone from students to professionals and expatriates, which could support continued demand, although not guaranteed, even in more competitive markets.
Past or estimated returns do not guarantee future returns. Investing involves a risk of total or partial loss of the invested capital.
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City
Castellón de la Plana
Neighborhood
Castellon de la Plana
Antiquity
1998
Property registry number
2004930YK5320S0007WF
Type of property
Flipping
Type of investment
Residential
Square meter
56
Number of rooms
1
Number of bathrooms
1
Manager
Brickstarter 004
Promoter
Brickstarter
Area with possible demand from both professionals and patients.
In the heart of the shopping area, with restaurants and supermarkets.
The city's main park and green lung.
Soon you will receive an email to confirm your Brickstarter account.
We hope to see you soon!