Zorita 20 - Apartment 4

zorita 20, castellón

Funded

74.093 € (100%)

Total

74.093 €

114 Investors

Under Management

Operation Total:

74.092,65 €

Mortgage:

0,00 €

Total to finance:

74.092,65 €

Internal Rate of Return (IRR):

10,84 %

Gross Rent Return

10,93 %

Net Rent Return

4,77 %

Cash on Cash

6,36 %

Return on Equity (ROE)

4,77 %
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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Zorita 20 - Apartment 4

zorita 20, castellón

Funded

74.093 € (100%)

Total

74.092,65 €

114 Inversores

Under Management

Funded

74.093 € (100%)

Total

74.092,65 €

114 Inversores

Under Management

Operation Total:

74.092,65 €

Mortgage:

0,00 €

Total to finance:

74.092,65 €

Internal Rate of Return (IRR):

10,84 %

Gross Rent Return

10,93 %

Net Rent Return

4,77 %

Cash on Cash

6,36 %

Return on Equity (ROE)

4,77 %
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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Project summary

Why invest in this apartment?

Very high yields

Estimated IRR of 10.84%

Lower transaction costs

More cost-effective investing

High monthly returns

Due to its high occupancy, the estimated monthly yield is 6.36%.

Information about the apartment

We hope this message finds you well. We wanted to take this opportunity to express our appreciation for your previous investments in our building.  We are excited to continue this year with a positive and determined attitude and now we bring you Zorita 4. We believe that it is another amazing opportunity to invest.

We would like to extend an invitation to you to join us as investors once more. The new property will offer outstanding features and amenities, including comfortable rooms, a newly renovated kitchen, and stunning bedrooms keeping our tradition of providing exceptional living spaces. We are confident that this opportunity will meet, if not exceed, your expectations.

In the same way, we are delighted to inform you that our real estate investment opportunity, Zorita Building, has reached a significant milestone. On January 23, 2023, we signed the title deeds for the building. This is a significant accomplishment for our team, and we are excited to continue with our plans for the property.

Our team is working hard right now to get Zorita 1 ready for our first tenants. We have been conducting interviews and screenings to identify individuals who will be a good fit for our community. We are confident that, because of our rigorous selection process, we will have a fantastic group of tenants who will appreciate and care for the property as much as we do.

This is truly wonderful news, and we could not have accomplished it without your help and investment in our vision. We appreciate your confidence in us and look forward to continuing to provide exceptional real estate opportunities with high returns for our investors.

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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

Location

Attractions, supermarkets and shopping centers

Convenient choice for those seeking easy access to these amenities.

Close to Universities

Ideal for students or academic professionals seeking easy access to these institutions

Near Ribalta Park - Scenic beauty

The park is known for its natural beauty and picturesque landscapes.

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