Santiago Terry - Cádiz

Santiago Terry nº 6, planta baja

Funded

149.430 € (100%)

Total

149.430 €

146 Investors

Sold

Operation Total:

149.429,69 €

Mortgage:

0,00 €

Total to finance:

149.429,69 €

Internal Rate of Return (IRR):

10,54 %

Gross Rent Return

11,81 %

Net Rent Return

5,30 %

Cash on Cash

6,24 %

Return on Equity (ROE)

5,30 %
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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Santiago Terry - Cádiz

Santiago Terry nº 6, planta baja

Funded

149.430 € (100%)

Total

149.429,69 €

146 Inversores

Sold

Funded

149.430 € (100%)

Total

149.429,69 €

146 Inversores

Sold

Operation Total:

149.429,69 €

Mortgage:

0,00 €

Total to finance:

149.429,69 €

Internal Rate of Return (IRR):

10,54 %

Gross Rent Return

11,81 %

Net Rent Return

5,30 %

Cash on Cash

6,24 %

Return on Equity (ROE)

5,30 %
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) = 10.54%

Recurring income plus goodwill with its sale.

High profitability Cash on Cash: 6.24%

High monthly recurring income.

Ready to go into action:

Furnished

Information about the apartment

We return with a new opportunity in Cádiz, a city that we love and that has proved its profitability, due to the high income provided by vacation rentals with respect to the price of land.

It is an excellent opportunity since it is in the Old Town of Cádiz, which as we know is the district most demanded by tourists, since it is the one that contains the main monuments and points of interest of the city. The property is located just 20 meters from the Plaza de Mina and a few steps from the Alameda, very close to the most emblematic beaches of the city.

Regarding the property, it is a spacious apartment, well built, with high ceilings, and with striking exposed beams. It consists of a large living room with integrated kitchen, a room from which a loft has been made to locate another bed and a bathroom. In this way, the space has been used to the maximum. That will allow us to host up to six guests, obtaining a multipurpose piece of furniture that will allow us to host from a couple to small groups and families. That will allow us the income at night and the occupation.

The property is in very good condition and you will only need a few tweaks to make it perfect and put it into work very soon.

Finally, it is important to note that the property has a beautiful Andalusian patio that is also being fully restored along with the common areas of the building (the bill has already been approved and paid)

This new opportunity is very close to our previous opportunities Carmen Coronada and Ático Tavira.

Performance of similar apartments

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

Approximate Revenue: € 21,698

A double bed, a sofa bed and a trundle bed.

Approximate Revenue: € 21,207

Capacity for 5 people.

City

Cádiz

Neighborhood

San Antonio

Antiquity

1995

Property registry number

2169309QA4426G0008YG

Type of property

Apartment

Type of investment

Vacation Rental Property

Square meter

65

Number of rooms

1

Number of bathrooms

1

Manager

Brickstarter

Promoter

Brickstarter

Location

Historical Center

Maximum demand and low seasonality

Very close to the Playa de la Caleta

Ideal for summer season

Universities

A few meters from the University of Philosophy and Letters

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