ProjectHuerto del Conde 19

  • Location
    Malaga
  • Unit type
    City apartments
  • Status
    Ongoing
  • Expected ROI
    40%
  • Expected IRR
    19%
  • Ready for habitation
    Q1 2020

Upcoming

Ongoing

Closed

Upcoming Projection Sales Production Inspection Closed

Facts about the project

  • Location: Malaga
  • Unit type: City apartments
  • Number of units: 6 units
  • Total area of project: 477 sqm
  • Value of project: 1 790 000 €
  • Duration: 24 months
  • Roi: 40%
  • IRR: 19%

The property, which is from the turn of the 19/20th century, is located a stone's throw from Plaza de la Merced square in central Malaga and consists of 3 floors spread over a total of 477 sqm. The new project consists of two apartments on the ground floor of 58 and 68 sqm. The second floor have two apartments of 71 and 86 square meters, and the top floor consists of two duplex apartments with private roof terraces which measure a total of 85 and 108 sqm respectively.

The property was acquired at the end of 2017 in a "Joint Venture" with a local real estate developer in Malaga and building permits were filed early the 2018. The project is in the sales phase and start of production is scheduled for Q2 2019.

Apt. nr Type Floor Area Lot Room Bathroom Price Monthly fee Other Blueprint Status
BA City Apartment Ground Floor 68m² 2 1 €235.000 N/A Reserved
BB City Apartment Ground Floor 58m² 1 1 €175.000 N/A Studio Reserved
1A City Apartment 1st Floor 86m² 3 2 €335.000 N/A Reserved
1B City Apartment 1st Floor 71m² 1 1 €245.000 N/A Studio For Sale
2A City Apartment Dupelx 2nd Floor 108m² 3 3 €475.000 N/A Duplex For Sale
2B City Apartment Duplex 2nd Floor 85m² 1 1 €325.000 N/A Duplex Reserved

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  • Minimum investment amount: from € 50,000
  • Updates via newsletters and exclusive partner meetings
  • Collateral in the projects in the form of pledged shares

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