Mossen Sorell

Calle Corona 1

Funded

214.651 € (100%)

Total

214.651 €

56 Investors

Sold

Operation Total:

214.651,21 €

Mortgage:

0,00 €

Total to finance:

214.651,21 €

Internal Rate of Return (IRR):

8,78 %

Gross Rent Return

10,02 %

Net Rent Return

5,01 %

Cash on Cash

5,89 %

Return on Equity (ROE)

5,01 %
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.

Photo gallery

Mossen Sorell

Calle Corona 1

Funded

214.651 € (100%)

Total

214.651,21 €

56 Inversores

Sold

Funded

214.651 € (100%)

Total

214.651,21 €

56 Inversores

Sold

Operation Total:

214.651,21 €

Mortgage:

0,00 €

Total to finance:

214.651,21 €

Internal Rate of Return (IRR):

8,78 %

Gross Rent Return

10,02 %

Net Rent Return

5,01 %

Cash on Cash

5,89 %

Return on Equity (ROE)

5,01 %
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?

Location: Barrio del Carmen

One of the most in-demand neighborhoods, with lower seasonality

Spacious terrace

Outdoor terrace, with 2 full bathrooms and capacity for 6 people

Designed for the start of the season

Fallas season

Information about the apartment

New property located in the area of the Mossen Sorell market. According to our estimate, it only needs to be furnished to be put into operation. 

This is a first-floor unit, in a building with an elevator, fully accessible and adapted. Very comfortable, ideal for strollers and suitcases. It is located on Plaza de Mossen Sorell, right in front of the Market, which has recently been renovated and is in the center of the Barrio del Carmen, in the heart of the city's old town, and one of the neighborhoods in the city with the most tourism and the lowest seasonality.

Among the points of greatest interest are the IVAM, the Turia River, the Torres de los Serranos, Torres de Quart, the Museo de la Prehistoria de Valencia, the Casa Museo Benlliure or Calle Na Jordana, which during Fallas week fills with people who come to see one of the most striking Fallas monuments of the festival.

The most striking feature of the apartment is its spacious, sunny terrace (it is not a light well, but a large outdoor terrace), where our guests will be able to enjoy the sun, and even have a barbecue or, why not, a paella.

The property has 2 double bedrooms, both with a custom-made built-in wardrobe, and 2 full bathrooms. The first, en suite, has a bathtub, and the second has a shower. The home has air conditioning and city gas.

The kitchen is American-style, separated from the living room by an exposed-brick bar, which makes the living room feel more spacious.

 


Past or estimated returns do not guarantee future returns. Investing involves a risk of total or partial loss of the invested capital.

Performance of similar apartments

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

6 guests, 2 bedrooms and 2 bathrooms. No terrace, worse location

Approximate annual income: €21,561

6 guests, 2 bedrooms and 2 bathrooms. No terrace, worse location

Approximate annual income: €20,220

City

Valencia

Neighborhood

Ciutat Vella

Antiquity

2008

Type of property

Vacation Rental Property

Type of investment

Vacation Rental Property

Square meter

80

Number of rooms

2

Number of bathrooms

2

Elevator

Yes

Manager

Brickstarter

Promoter

Brickstarter

Location

Mosen Sorell Market

Recently renovated, beautiful

Plaza del Tossal

Full of bars, restaurants and little outdoor terraces

El Carmen

One of the neighborhoods most favored by tourists, with high demand for accommodation

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