Botica 4

calle botica 4, cadiz

Funded

135.030 € (100%)

Total

135.030 €

258 Investors

Sold

Operation Total:

135.030,03 €

Mortgage:

0,00 €

Total to finance:

135.030,03 €

Internal Rate of Return (IRR):

10,25 %

Gross Rent Return

11,63 %

Net Rent Return

5,10 %

Cash on Cash

6,00 %

Return on Equity (ROE)

5,10 %
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

Botica 4

calle botica 4, cadiz

Funded

135.030 € (100%)

Total

135.030,03 €

258 Inversores

Sold

Funded

135.030 € (100%)

Total

135.030,03 €

258 Inversores

Sold

Operation Total:

135.030,03 €

Mortgage:

0,00 €

Total to finance:

135.030,03 €

Internal Rate of Return (IRR):

10,25 %

Gross Rent Return

11,63 %

Net Rent Return

5,10 %

Cash on Cash

6,00 %

Return on Equity (ROE)

5,10 %
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?

Invest in vacation rental properties in Cádiz

we´ll get the valid license that will increase the property value

Very competitive acquition price

with a 33% disccount over market price

Brand new building (2015) with elevator

perfect shape and location

Information about the apartment

At Brickstarter, we work very hard in order to find the best investment opportunities for our investors.

This is why we are delighted to present opportunities like this one, in one of our favorite locations and the one we know best: Cádiz.

This is an impeccable apartment in the Historical city center, in Botica street. It is located on the first floor of brand new building (2015) with an elevator. This one bedroom and one bathroom apartment has a spacious living room with a kitchen. The property is perfect for tourists, couples, and students. This property will be able to host up to 4 people.

Nowadays it is getting harder and harder to find good properties as prices have skyrocketed, especially for properties in such good shape.

This is one of the most interesting opportunities we have published in Cádiz, price-related, both in absolute and relative terms, as we´ve managed to negotiate a strong discount on its market price.

We are buying this property at an average price of 1803 euros per square meter, while the average price in this area for similar properties is beyond 2700 euros per square meter. This is a 33% price discount.

This will allow us to sell the property shortly, as the final sale price stipulated in our business plan will be very competitive and in accordance with the current market price.

Finally, it is important to note that we will be getting the vacation rental license for this apartment, which will bring a lot of value to the property.

Finally, and based on our experience in the Cadiz market, we are convinced that the apartment will work very well both in short and mid-term rentals.

Performance of similar apartments

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

Similar apartment in terms of location and typology

Revenues (aprox): 14400 €

Similar apartment in terms of location and typology

Revenues (aprox): 17206 €

City

Cádiz

Neighborhood

Santa María

Antiquity

2015

Property registry number

2761906QA4426b0006TF

Type of property

Vacation Rental Property

Type of investment

Vacation Rental Property

Square meter

61

Number of rooms

1

Number of bathrooms

1

Elevator

Yes

Manager

Brickstarter

Promoter

Brickstarter

Location

Historical Center

most demanded are for tourist and students

Santa Maria Neighbourhood

close to the City Hall and Cathedral

Close to the Beach

less than 10 minute walk

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