Suárez de Salazar 2

Calle Suárez de Salazar 1, Cádiz

Funded

132.893 € (100%)

Total

132.893 €

257 Investors

Under Management

Operation Total:

132.892,77 €

Mortgage:

0,00 €

Total to finance:

132.892,77 €

Internal Rate of Return (IRR):

10,38 %

Gross Rent Return

11,82 %

Net Rent Return

5,19 %

Cash on Cash

6,10 %

Return on Equity (ROE)

5,19 %
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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Suárez de Salazar 2

Calle Suárez de Salazar 1, Cádiz

Funded

132.893 € (100%)

Total

132.892,77 €

257 Inversores

Under Management

Funded

132.893 € (100%)

Total

132.892,77 €

257 Inversores

Under Management

Operation Total:

132.892,77 €

Mortgage:

0,00 €

Total to finance:

132.892,77 €

Internal Rate of Return (IRR):

10,38 %

Gross Rent Return

11,82 %

Net Rent Return

5,19 %

Cash on Cash

6,10 %

Return on Equity (ROE)

5,19 %
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?

Perfect for vacational rental

We´ll we able to marimize our yield.

Huge demand

One of the favourite cities for tourists

Very competitive acquisition price

With a 25,93% discount over market price

Information about the apartment

We are very excited to be back in one of our favorite cities with a brand new vacation rental property, this one in Cadiz. This is an excellent opportunity in both terms: location and price.

The property is located in Calle Suarez Salazar, same as our last opportunity in Cadiz. It is literally a one-minute walk from Plaza San Juan de Dios, where the city hall is located. Location is unbeatable. It is a one-bedroom, and one bathroom apartment with 2 large balconies, a kitchen and a living room. It is a very well distributed and a very bright apartment. The property is perfect for tourists, couples, small families, and even small groups of friends. This property will be able to host up to 4 people.

We will be able to issue a vacation rental property license for this apartment, adding a lot of value to our investment. This will be one of the latest licenses as regulation is changing and authorities won´t be issuing new licenses soon.

We are buying this property at an average price of 2000 euros per square meter, while the average price in this area for similar properties is beyond 2700 euros per square meter. This is a 25% price discount, becoming one of the cheapest apartments we have ever bought in Cadiz.

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.

Performance of similar apartments

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

Similar apartment in terms of location

Revenues (aprox): 17206 €

Similar apartment in terms of location

Revenues (aprox): 16246 €

City

Cádiz

Neighborhood

Santa María

Antiquity

1995

Property registry number

2562404QA4426D0003IY

Type of property

Vacation Rental Property

Type of investment

Vacation Rental Property

Square meter

52

Number of rooms

1

Number of bathrooms

1

Manager

Brickstarter

Promoter

Brickstarter

Location

In the historical centre

Close to all the city´s POI

Santa Maria neighbourhood

One minute walking from the City Hall

Near the beach and the Cathedral

Perfect for vacation rentals

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