Zorita 20 - Apartment GF

zorita 20, castellón

Funded

99.969 € (100%)

Total

99.969 €

158 Investors

Under Management

Operation Total:

99.968,85 €

Mortgage:

0,00 €

Total to finance:

99.968,85 €

Internal Rate of Return (IRR):

10,86 %

Gross Rent Return

10,80 %

Net Rent Return

5,53 %

Cash on Cash

7,37 %

Return on Equity (ROE)

5,53 %
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 GF

zorita 20, castellón

Funded

99.969 € (100%)

Total

99.968,85 €

158 Inversores

Under Management

Funded

99.969 € (100%)

Total

99.968,85 €

158 Inversores

Under Management

Operation Total:

99.968,85 €

Mortgage:

0,00 €

Total to finance:

99.968,85 €

Internal Rate of Return (IRR):

10,86 %

Gross Rent Return

10,80 %

Net Rent Return

5,53 %

Cash on Cash

7,37 %

Return on Equity (ROE)

5,53 %
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 10.86%.

We can add vacation rental revenues

on top, as we´ll get the tourist license

High monthly returns

Estimated monthly rent yield is 5,53%.

Information about the apartment

We would like to take this chance to inform you that our next opportunity of the building Zorita. We are excited to begin this year with an upbeat and determined attitude. That is why we're pleased to present "Zorita Bajo". Another fantastic investment opportunity, in our opinion.

 Castellón de la Plana has several small and medium-sized businesses, as well as some major multinational corporations, based in the city. The local government has put in place regulations that support innovation and entrepreneurship, making it a desirable location for investors.

 Excellent living conditions are available at Castellón de la Plana. With its historical structures, museums, and art galleries, the city boasts a rich cultural legacy. Beautiful beaches, mountains, and nature parks make the area well known.

 Due to its strong demand and the correlation between the rental price and the acquisition price per square meter, Castellón is regarded as one of the most fascinating investment locations, as we have already indicated.

 We value your trust in us and look forward to continuing to offer investors first-rate real estate opportunities with significant returns.

Lastly, it's worth mentioning that in our blog we described our ambitious plan to increase the value of the property through modifications in land use and horizontal division of the project. Our intention is to divide a single property (an entire building) into six separate ones, each with a competitive selling price, which will allow us to quickly resell the property and obtain significant profits. This property is the fourth out of the six.


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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

89

Number of rooms

3

Number of bathrooms

1

Manager

Brickstarter

Promoter

Brickstarter

Location

Attractions, supermarkets and shopping centers

A practical option for individuals looking for quick access to these attractions.

Nearby universities

Perfect for those looking for quick access to these schools to study or work

Nearby Ribalta Park - Beautiful scenery

Ribalta Park hosts many community events and activities throughout the year

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