Cristóbal Colón

 Buy to let then flip
Cadiz, Spain
Status
Done
148 415 € (100%)
148 415 €
Interest payment schedule: Part monthly and another part at the completion
10.22%
Annual yield
-
LTV
First
Mortgage rank
Yes
EVOEstate skin in the game

Why are we investing our personal capital:

We are bullish on AirBnb rental crowdfunding. With AirDNA data and profesional management you can accurately predict possible returns. Global tourism grows and at the same time Airbnb licenzes tightens in European Cities (Barcelona and part of Valencia is already limited). 

*estimated returns include 19% Spanish tax withholding. (you do not have to pay income tax on your investment in your home country)

Brickstarter description:

We cannot ignore Cádiz, as it is one of the Andalusian cities with the highest profitability in vacation rentals.

This new opportunity is surrounded by all the Cadiz culture that contains the historic center of Cádiz. The cathedral is located just 200 meters away from the apartment, 100 meters away from the Town Hall and the Food Market and only 500 meters away from the Tavira Tower.

With unbeatable access by both sea and land, since it is 300 meters away from the Port of Cádiz, close to a public parking lot where we have a garage (reserved for Brickstarter customers) and only half a kilometer away from the train station.

Regarding the property, it is a one bedroom apartment, with living room, kitchen and 1 bathroom with capacity for 4 people.

The apartment is in perfect condition with luxury finishes, marble floors, tilt-and-turn double glazed windows, built-in wardrobe, smooth walls...

But the best thing about this property is its terrace that allows tourists to enjoy a small corner to relax.

We will decorate the room so that it is completely cozy and guests feel like they are home. We will use the terrace to create a rest space that will be the main attraction of the house, since it is something very demanded by tourists.

It is located in a semi-new building with elevator, completely renovated in 2012.

A new opportunity awaits you!

Project originated by:

SPV (limited liability company that has only one apartment and collects rent from Airbnb) who whichs ownes the unit. Total protection for investor. No bank loan.

Status
Done
148 415 € (100%)
148 415 €
Interest payment schedule: Part monthly and another part at the completion
10.22%
Annual yield
-
LTV
First
Mortgage rank
Yes
EVOEstate skin in the game