148 415.00 €
Type: Buy to Let
Mortgage rank: First
Interest payment schedule: Monthly
Min. amount of investment - € 100
Brickstarter has informed, that for the previous month, the interest payments will not be distributed, as the properties have incurred fixed fees such as utility subscription and internet. Brickstarter has also informed that they have already received some bookings for July and rents will be distributed in August.
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)
** The rent (dividents) on this property starts to pay after the apartment renovation is completed and it is rented out on AirBnb and booking.com, therefore expect a delay of payments between 1-3 months.
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!
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