Due to the success of Next Bustamante, Crowdium again suggests to its investors to participate in the most successful investment project of the year, which offers an estimated profitability of 25-35% in just 24 months.
It was possible to negotiate with the developer a 31% discount
with respect to the market value
due mainly to a decrease in the construction cost, as a result of the devaluation of 100% that occurred in the last year. This created an incentive for developers to sell spot units and thus avoid quota sales with CCS adjustment.
Crowdium proposes to acquire well units paying cash at a closed price with a 31% discount and without CAC adjustment or adjustment for inflation, in one of the most outstanding developments in the area. The year-on-year revaluation in recent years was more than 9%.
The building is currently under construction and 85% of the units have been sold. The delivery of the departments is estimated for November 2019, at which time they will be put on sale.
Project Description:Next Bustamante
is a residential real estate development strategically located in the exclusive neighborhood of Recoleta, a few meters from Las Heras Avenue and Del Libertador Avenue, guaranteeing quick access to any point of the city, North Zone and South Zone. This privileged location has a wide variety of gastronomic, commercial, educational and cultural options and alternatives.
The building consists of 24 units distributed over 9 floors. Each floor has 3 units, 2 rooms at the front of 62m2 and two mono rooms at the contraferente of 43 and 42 m2.
Next, as a brand of buildings, has a higher value than the competition mainly because of its design, art, technology and sustainability characteristics that make it unique with respect to any other development of similar characteristics in the area, which is why we can estimate that it will be revalued at a higher speed and the output value will be higher and more demanded by end customers.
The values in the area in developments of similar characteristics amount to 4.255USD/m2 as indicated by the images and the elevation map below:
Value per block Real Estate Report April 2018