Another short-stay rental opportunity: a 31m2 apartment that will be acquired, renovated, furnished, decorated and rented for short-stay holiday tenants.
Have you seen our previous short-stay rental projects? It is a business that is booming in Spain and is potentially more profitable than regular long-stay rentals. Read this article in our blog and learn more about this type of rental opportunities.
The apartment is located in Calle Velarde, in the centre of Madrid, more specifically in the centric Malasaña’s neighbourhood, one of the busiest areas of the capital. Perfectly connected to the whole city by different metro stops, public bus lines and surrounded by cultural activities and a wide variety of gastronomic options.
The property will be acquired a 10,81% below the market price and will be sold in 36 months.
We expect the property to have a high occupancy rate due to its characteristics and the area, one of the most demanded in the city.
The estimated rental yield is 3,85%, and the cumulative yield upon the sale is estimated at 19,55%.
These estimations are conservative, taking into account that in a high occupancy scenario (70%) the rental yield would increase to 4,92%.
Invest now and earn a 3%p.a. bonus until the project is funded!
Join this opportunity, become an investor and benefit from highly profitable Spanish real-estate market!
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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