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.

Photo gallery

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.

Share:
Property information
Project summary
Financial information
Documentation
Market study
Project summary

Why invest in this apartment?

Estimated Internal Rate of Return (IRR) = 10.54%

Estimated recurring income plus the possible capital gain on its sale.

Estimated Cash on Cash return: 6.24%

Estimated monthly recurring income.

Ready to start operating:

Furnished

Information about the apartment

We are back with a new property in Cádiz, a city that we like and where, according to our estimates, vacation rental income is high relative to the price of land.

It is located in the Old Town of Cádiz, which we consider a district in demand among tourists, since it 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 city's emblematic beaches.

Regarding the property, it is a spacious apartment, well laid out, with high ceilings, and with striking exposed beams. It consists of a large living room with an integrated kitchen, a bedroom with a loft built in to fit another bed, and a bathroom. In this way, the space has been used to the fullest, which will allow us to host up to six guests, giving us a versatile property that can host anyone from a couple to small groups and families. That could favor nightly income and occupancy.

The property is in very good condition and it will only need a few touch-ups to get it ready and put it into operation.

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 special assessment has already been approved and paid).

This new property is very close to our previous properties Carmen Coronada and Ático Tavira.

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

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

Vacation Rental Property

Type of investment

Vacation Rental Property

Square meter

65

Number of rooms

1

Number of bathrooms

1

Manager

Brickstarter

Promoter

Brickstarter

Location

Historic Center

Tourist demand and low seasonality, according to our market study

Very close to the Playa de la Caleta

Suitable for the summer season

Universities

A few meters from the University of Philosophy and Letters

This content is only available to registered users

Sign up for free and get full access of each property before investing

Log in

o

Register

This content is only available to registered users

Sign up for free and get full access of each property before investing

Log in

o

Register

This is the basic documentation. If you want to see all the information of the property Sign up or log in.

This content is only available to registered users

Sign up for free and get full access of each property before investing

Log in

o

Register

Do you have doubts?

We will be happy to help you