Monec

¡New opportunity to invest in Barcelona! 

We’re returning to the city where rent prices have gone up 24% in the last three years.

This new property is the perfect opportunity to invest in Barcelona! Aside from being located in the cultural heart of the city, it’s a great saving opportunity; in other words, every month you earn the proportional part of the rent while your investment grows with the the value growth of the property. 

The property will be acquired, rented, renovated and sold in 60 months.

Monec is InstantRent enabled: Our new feature that will be incorporated in the upcoming saving opportunities, including Monec. With InstantRent you will start receiving the estimated annual yield from the day you invest!

The 54m2 property is located in Calle Monec 23, District of Ciutat Vella, one of the residential areas with high expectations for the house price growth. Just close surrounding the property, you can find the Parque de la Ciudadella, Plaza de Cataluña and the Palacio de la Música Catalana 

In Invermax's recent article, “Study On The Profitability of Rental Housing in 2017”, Ciutat Vella had a 5.91% rental yield, making it one of the prime yield areas for investment in the city of Barcelona. In fact, at the end of the year, the difference between the average price and the most expensive was in this district. In order to make the most out of the property, a complete renovation will be carried out under the turnkey model, which will include new furniture and decorations for its prospective rental containing:

• Two bedrooms
  
• Full living room with an open kitchen
  
• One bathroom

It should be noted that with the renovation results, you will get an asset with great potential considering that there are barely any renovated homes available for rent in this area. 

The estimated annual yield is 3,71%

Why invest in Monec?

• Cataluña along with Madrid lead the greatest activity of the rental market in Spain.
  
• According to the study performed by Invermax, Ciutat Vella is one of the prime yield areas in Barcelona with a good payment collection security (average yield of 5.91%).
  
• The rent in the city of Barcelona has skyrocketed up 37.2% since May 2015 and the sale price has also gone up 25.22%. 
  
• Just in the last year the rental prices have gone up 17% in Cataluña, according to Fotocasa’s study, “X-Ray of the Housing Market in Spain 2016-2017”. 
  
• In Cataluña the m2 is rented for 11.85€, which is also found in Fotocasa’s study. 
  
• At 20%, Cataluña is one of the most concentrated areas of property owners who have been successfully able to rent their homes.
  
• The Barcelona real-estate market is being closely watched and has piqued the interest of both national and international investors.  
  
• After renovations, the value of the property is expected to increase! 
  
• InstantRent: You will start earning the estimated rental yield from the minute you invest!
  

The real-estate market in Barcelona is now happening. Invest in Monec and benefit from the rental yields of the sector in Barcelona. 

Location