Juan de Celaya

Gross return on rental

7%

Net return on rental

5,64%

LOCATION

Valencia

reversal time

60 Months
U

investment objective

110.394 €

IRR

12,07%
Juan de Celaya
Type of financing: Private fin.
Rented

Type of Opportunity

 

Purchase, comprehensive rehabilitation of properties, traditional rental and sale at 5 years.

The property has 97 m2 that will be used to the maximum following the demanded distribution of the area: Two bedrooms, 2 bathrooms and the kitchen-living room with central aisle of 50 m² American style.

It will be completely remodeled and decorated under the Home Staging Strategy (marketing strategy based on techniques that enhance the home and give it a more attractive aspect for potential tenants and buyers) with the aim of increasing the speed of commercialization for its traditional rental. We will be in charge of doing all the tasks and necessary management to carry out the sale, execute and control the rehabilitation of the property, perform the marketing strategy (rent and subsequent sale in this case) whether by itself or by third parties. In addition, to follow-up throughout the whole project and be responsible for performing the necessary tasks for the day-to-day management of the property.

This neighborhood is an excellent option for young couples, since it is very close to the city center. It has a wide variety of leisure and commercial areas at street level, as well as a good access to public transport. For instance, it is very close to the Valencia Joaquin Sorolla Train Station, which makes long distance journeys such as: Madrid, Barcelona and Alicante. Nearby the area, it is also found the well-known Central Park, which will be one of the lungs of the city.

 

Reasons to invest

 

5.64% estimated annual net income

High rental demand in Valencia (Immediate rental).

12.07% IRR expected within a period of 60 months foreseen until the sale.

– A monthly rent income

10% – 15% increase of rental price in Valencia.

 

Valencia

Type of Opportunity

 

Purchase, comprehensive rehabilitation of properties, traditional rental and sale at 5 years.

The property has 97 m2 that will be used to the maximum following the demanded distribution of the area: Two bedrooms, 2 bathrooms and the kitchen-living room with central aisle of 50 m² American style.

It will be completely remodeled and decorated under the Home Staging Strategy (marketing strategy based on techniques that enhance the home and give it a more attractive aspect for potential tenants and buyers) with the aim of increasing the speed of commercialization for its traditional rental. We will be in charge of doing all the tasks and necessary management to carry out the sale, execute and control the rehabilitation of the property, perform the marketing strategy (rent and subsequent sale in this case) whether by itself or by third parties. In addition, to follow-up throughout the whole project and be responsible for performing the necessary tasks for the day-to-day management of the property.

This neighborhood is an excellent option for young couples, since it is very close to the city center. It has a wide variety of leisure and commercial areas at street level, as well as a good access to public transport. For instance, it is very close to the Valencia Joaquin Sorolla Train Station, which makes long distance journeys such as: Madrid, Barcelona and Alicante. Nearby the area, it is also found the well-known Central Park, which will be one of the lungs of the city.

 

Reasons to invest

 

5.64% estimated annual net income

High rental demand in Valencia (Immediate rental).

12.07% IRR expected within a period of 60 months foreseen until the sale.

– A monthly rent income

10% – 15% increase of rental price in Valencia.

 

 

TRANSACTION DETAILS

 


 

Cost of acquisition1: 75.894€

 


 

Investment2: 34.500€

 


 

Mortgage3: 0

 


 

Investment needs: 110.394€

 

 

RENTAL ANALYSIS

 


 

Annual income4: 7.500€

 


 

Annual expenses5: 1.460€

 


 

Net annual profit6: 6.040€

 

 

 

1 – Purchase of the asset (€ 75,894) including all expenses associated with the operation: real property acquisition price, intermediation fees, legal purchase and sale costs and rate charged by Formas Group.
2 – Reform: costs of construction / reform, taxes, procedures and legal costs of the reform and furniture.
3 – Mortgage Principal.
4 – Estimated rental income. Amount calculated according to the Appraiser’s Report registered with the Bank of Spain.
5 – Estimated operating expenses.
6 – Estimated profit to be distributed among investors.
To learn more see the documentation of the project.

 

Financial documents

 

Business plan

 

Informe de tasación

 

Informe prestamo

 

Documents of the property

 

Dossier

 

Presupuesto

 

Legal Documents

 

Catastro

 

Nota simple

 

ITE

 

Informe promotor