Estudio Pintor Soler Blasco

Cl Pintor Soler Blasco

Funded

63.670 € (100%)

Total

63.670 €

106 Investors

Completed

Operation Total:

63.669,65 €

Mortgage:

0,00 €

Total to finance:

63.669,65 €

Internal Rate of Return (IRR):

11,14 %

Gross Rent Return

11,87 %

Net Rent Return

4,58 %

Cash on Cash

6,11 %

Return on Equity (ROE)

4,58 %
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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Estudio Pintor Soler Blasco

Cl Pintor Soler Blasco

Funded

63.670 € (100%)

Total

63.669,65 €

106 Inversores

Completed

Funded

63.670 € (100%)

Total

63.669,65 €

106 Inversores

Completed

Operation Total:

63.669,65 €

Mortgage:

0,00 €

Total to finance:

63.669,65 €

Internal Rate of Return (IRR):

11,14 %

Gross Rent Return

11,87 %

Net Rent Return

4,58 %

Cash on Cash

6,11 %

Return on Equity (ROE)

4,58 %
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
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Market study
Project summary

Why invest in this apartment?

High Profitability Projection

With an estimated Internal Rate of Return (IRR) of 11.14%, the project presents a solid financial return.

Value Added Through Change of Use and Horizontal Division

The change of use, together with the horizontal division, brings a lot of value to the project, to have two types of housing that are in high demand.

Estimated Selling Price

Despite being a new building after refurbishment, the estimated selling price per square metre will be lower than the market average in Castellón.

Information about the apartment

In today's real estate market, finding affordable and highly profitable opportunities is becoming increasingly difficult. However, today we would like to present a real estate investment opportunity that suits all types of investors and offers excellent growth and appreciation potential.

Why this is a unique opportunity? 

  1. Added Value: Change of Use and Horizontal Division The real value of this project lies in its transformation. We are going to change the use from commercial to residential and divide the property into two units. Thus, from a single property we will create two independent flats, which not only increases its value, but also opens up possibilities for sale or rent with greater flexibility.
  2. Reduced price per m²: What sets this project apart is the initial price. By purchasing the property as a commercial property, we achieve an exceptionally low rate of less than €350/m². This allows us to acquire the property at a significantly lower cost than the usual residential market in the area. This initial advantage translates into an investment with a higher margin of profitability from the outset.
  3. Functional and Demanded: Units This unit to be created in this project will be a 1-bedroom, 1-bathroom flat, a very demanded typology, especially in central areas. This type of housing is ideal for professionals, young couples or as an investment for long term or temporary rentals. 
  4. Competitive Final Price: Although the project will result in new build homes, the estimated selling price will be one of the lowest in terms of euros per square metre in Castellón. This fact, coupled with the quality of a fully renovated property, is an indicator that the units can be sold easily and at a highly competitive price.

Unbeatable Location: Centre of Castellón de la Plana

Location is always key in real estate, and this project is no exception. Located in a central area of Castellón de la Plana, future tenants or buyers will have at their disposal all the services and amenities that the city has to offer. From public transport to shops, restaurants and leisure areas, the location ensures high demand and appreciation in the medium to long term.

New Construction Project with High Profitability

The end result will be a brand new property, which adds additional value compared to second-hand properties. We are talking about high profitability in both the short and long term, one of the main reasons why this project is so attractive to investors looking to maximise their returns.


For us this project represents an excellent opportunity that we have achieved after an extensive process of research and analysis of information to bring a profitable investment for our investors. This has helped us to achieve a very competitive purchase price and in a strategic location in the heart of Castellón de la Plana, which has great potential for revaluation thanks to the planned refurbishment and reconversion.

Performance of similar apartments

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

Selling price 380000 euros

Built area 195 m2

Selling price 198000 euros

Built area 195 m2

City

Castellón de la Plana

Neighborhood

Castellon de la Plana

Antiquity

1998

Property registry number

3799207YK5239N00O4RJ

Type of property

Coliving

Type of investment

Residential

Square meter

50

Number of rooms

1

Number of bathrooms

1

Manager

Brickstarter 004

Promoter

Brickstarter

Location

Sustained growth and market stability

Offering an excellent investment opportunity in an area with strong demand for housing.

Conversion of Use with High Value Potential

The change of use from commercial to residential adds significant value to the property.

Excellent Location with Easy Access to Key Services

Located in a privileged area, the property has immediate access to essential services.

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