Property acquired 24,1% below the market Price!
The operation includes buying, renovating, renting and selling a property very well located between the streets Bravo Murillo, Francos Rodriguez, Pablo Iglesias and Reina Victoria.
Besides the perfect location, the property is very close to the University Complutense of Madrid and the metro station Francos Rodriguez, Estrecho and Alvarado which means an extra value to this great location.
It is located exactly at Calle Rabida.
It has a perfect distribution to perform a full renovation and divide it in two bedrooms, one bathroom and a living room/kitchen as you can see in the project documents.
The renovation as usual will be hired under the turnkey model and will have the same style as previous projects such as Acacias.
Once renovated it will be rented immediately, and due to the area it is located we can almost assure that it will be rented really fast.
Only for the rent you will obtain a net annual profitability of 3,48%.
The operation is set in 60 months and the net cumulative profitability (renting + selling) in this time will be of 42,57%.
It is an unique opportunity to invest in housing!
In Spain, Housers is a crowdfundig platform registered next to CNMV (Spanish Regulator) with register number 20. Housers is a platform that facilitates access to loans related to real estate transactions promoted by third-party companies, previously analyzed and validated. Housers does not offer financial advice and none of the proposed activities should be considered as such. The analyzes shown in these pages are general information and do not in any way constitute specific advice. The projects illustrated are not subject to the supervision of any national or international financial authority or regulator. The transactions presented are forecasts only and as such, they may be subject to change. Investing through Housers involves risks, including illiquidity, loss of investment, and it should only be done as part of a diversified portfolio. Your capital is at risk.
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