This is a unique opportunity to invest your money in a commercial property with a bar license, located in the popular neighbourhood of La Latina.
Madrid is one of the cities in Europe with most growth potential in property. Real estate investment in the Spanish capital is growing, thanks to the promising forecast for the next few years. Investing in a neighbourhood such as La Latina is a safe bet, since it is one of the busiest areas of the city, with dozens of touristic points, hotels, and of course one of the most popular street markets of Europe: “El Rastro”, that has been there for over 400 years with over 3500 stands currently functioning.
The property measures 93m2, distributed in two floors, currently it is being renovated by the current owner who will cover all the expenses. All the facilities will be fully refurbished and updated.
The net rental yield is estimated to be 4,12%. However due to the characteristics of the property we are sure that we will be able to rent it for a higher price than the one indicated.
Acquired almost 15% below the market price, the sale of the property is set to be in 24 months, and the cumulative net yield is estimated to be 23,10%.
The goal price to sell the property is 352.000€.
Housers is investing 3.334€.
Don’t miss the chance to invest your money in an opportunity like this one, whose profitability is way above the market average.
Invest, diversify and create your heritage with Housers!
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.
.