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
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 |
Invest
- 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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