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Sagasta

First opportunity in Palma de Mallorca!

Housers have listed this excellent attic located in one of the most popular areas of Palma de Mallorca: Son Cotoner. 

Located in Calle Sagasta, the 105m2 attic has two bedrooms, a wide living room / kichen in american style, and a terrace of 26m2 with great views.

Built in 2006, the property is in perfect conditions and almost fully furnished. 

The property will be acquired 18,34% below the market price. 

The Balearic Islands are, together with Madrid and Catalunya, the Autonomous Community where the price of property have increased the most. Business activity and tourism in Palma de Mallorca are booming and this is expected to continue in the coming years.

Mallorca is the 8th biggest city in Spain, besides being one of the biggest touristic powers in the country. Since 2011, touristic activity has been increasing, in 2016 it grew with almost 17%.

The net retanl yield of the property is estimated to be 4,18%. and the net comulative yield once the attic is sold is estimated to be 20,43%. As in many occasiones, we prefer to follow conservative estimation. However, considering the current market situation we expect to be able to rent the apartment with a higher rent.  The projected sale is in 24 months. 

Housers is investing the amount of 3.334€.

Diversify your portfolio by investing in  Mallorca and get more out of your savings

105.6 m2
2 Bedrooms
1 Bathrooms

105m2 area

Terraza de 26m2 terrace

South oriented

Recently built building


Image gallery


Location


Floorplan


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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Palma | 1 penthouse
ES
Phase:
Finished
Funded capital:
189,000 €
Financing goal:
189,000 €
Investors:
318
Term:
24 months
Type:
Equity
Estimated IRR:
10.73 %
Final IRR:
-3.36 %
Visible only to investors in the opportunity.