Brickstarter announced today that it is preparing to launch a new investment project in Spain: Santiago Terry – Cadiz.
If you invest for the first time at Brickstarter don’t forget that you can get 15 EURO registration bonus and 0.5% bonus for your investments made during 90 days from the registration. In order to get the bonuses you first must register by following THIS LINK. and during registration use the promo code: BRICKS.
Perfectly located in the Old Town, the one with the greatest condensation of urban historical attractions. It is the postal code with highest average income per apartment and less seasonality.
A small apartment, very bright, with one bedroom and one bathroom, but up to 6 guests. This will help Brickstarter to maximize the occupation rate as the apartment is suitable for couples and up to small groups of 6 persons. They will also increase the income as they will be charging an extra fee for the 5th and 6th guest.
Operation Total: 149.429,69 €
Mortgage: 0,00 €
Total to finance: 149.429,69 €
Internal Rate of Return (IRR): 10,54%
Gross Rent Return: 11,81%
Net Rent Return: 5,3 %
Cash on Cash: 6,24%
Return on Equity (ROE): 5,30%
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