zorita 20, castellón
Funded
Total
235 Inversores
Under Management
Funded
Total
235 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.
The estimated IRR is 10.88%
This is a home that only needs minor renovations.
Based on our occupancy forecast, a monthly return of 5.53% is estimated
At Brickstarter, to start this year, we are presenting a larger-scale project than our previous ones.
This is the first property of the building that we want to adapt in Castellón and convert into a coliving center. As we already explained in our blog post, this is a larger-scale project in which we plan to add value through actions such as changes of use and horizontal property division, resulting in 6 separate properties, whose subsequent sale will depend on market conditions.
As we have already mentioned, in our opinion Castellón is an area of interest for investment, because of its rental demand and the relationship between the rental price and the purchase price per square meter.
We already analyzed this in the market study for our latest project in Castellón, where we studied the demand for this type of room on the main real estate portals.
This first apartment has been recently renovated, and we will only make a small intervention to obtain an additional room. It is a spacious property of 80 square meters, from which we will obtain 3 spacious Premium rooms. The property will have a bathroom and a spacious open-plan kitchen that will serve as the common area.
This property caught our interest because of its location, an area with demand for rooms for rent due to its proximity to the University of Castellón, the train station and Ribalta Park.
This is a property acquired at more than 28% below its market price, according to our estimates, per square meter, which we detected at the time it was listed.
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
zona estación-universidad
Antiquity
1978
Property registry number
1908805YK5310N0001DL
Type of property
Coliving
Type of investment
Residential
Square meter
83
Number of rooms
3
Number of bathrooms
1
Manager
Brickstarter
Promoter
Brickstarter
Very close to the main attractions and shopping centers.
Easy access and a short distance to the universities
One of the main reference areas in Castellón
Soon you will receive an email to confirm your Brickstarter account.
We hope to see you soon!