MONUMENTAL IN

 Buy to let then flip
Barcelona, Spain
Status
Done
83 989 € (100%)
83 989 €
97 investor(s)
Term: 12 months
Interest payment schedule: At Project Completion
8.8%
Annual yield
100%
LTV
No
EVOEstate skin in the game

This is not Skin in the game project. The purchase price of office is bellow market value and in theory resell of properyt can be made for desired price (the business plan attached in documents makes sense). Though we think it is hard to sell smaller office for an investor. And businesses tend to rent more especially with the rise of coworking spaces.

 

Inveslar comment:
Monumental IN has a perfect location. Gran Via de les Corts Catalanes is one of the most central places in Barcelona. In this district you can find all kinds of businesses around and is located very close to the Sants Station. The incredible architecture, the charm of its streets or its varied leisure offer (with a multitude of bars, restaurants or the Arenas shopping center, Sants train station) make this place a lot of interest. Finally, this site has amazing communications for all tastes. A Monumental IN can be reached by a wide range of public transport (several bus lines or the Plaza España metro (L3 or L1) in its vicinity), taxi station and, even for the most ecological, bicycle.

Project provided by:
Status
Done
83 989 € (100%)
83 989 €
97 investor(s)
Term: 12 months
Interest payment schedule: At Project Completion
8.8%
Annual yield
100%
LTV
No
EVOEstate skin in the game