General Information

  • IRR%: -
  • CoC%: -
  • Minimum: 1k EUR
  • Type: -
  • Asset: -
  • Investors: 69
  • Start Date: 2018-04-13
  • End Date: -
  • Target: 360k EUR
  • Completed: 100%

Additional Information

  • Paralelo 182 – Barcelona
  • Barcelona
  • Spain

Home Services - Parallel 182

This is a very luminous 2nd (3rd real) of 3 bedrooms and 2 bathrooms with 110 m2 located in the street Paralelo 182 of Barcelona, on the corner with Floridablanca, in the booming neighborhood Sant Antoni and a few meters from Plaza España and the National Museum of Art of Catalonia. The farm is a corner with good height and therefore, all rooms are remarkably bright.

Its rehabilitation and later sale is foreseen in a period of 8 months considering 2 of work and 6 of commercialization.

Your expected annualized return is 10.4%!

Following an Urban strategy, we will position our property, acquired for 316,000€ and priced at 338,243€ (6.6% discount), at the top of the market in terms of finishes as if it were new construction but maintaining a competitive final price of 515,000€ (4,681€/m2 built compared to the current 4,754€ in the area).

We will open the kitchen to the corridor to give it more light if possible, we will discover historical elements of the property such as the exposed brick, we will adapt the bathrooms and we will create a dressing room. In addition, we will adapt the general qualities of the rest of the house. All this with a neutral carbon footprint, with no environmental impact.

The privileged situation of the house, its quality, its size and final price, the scarcity of units for sale (0.96% of the total housing stock) as well as the reforms we are going to carry out, give us sufficient guarantees to be sure that we will achieve its sale quickly and at the expected price.

Project offered by

Privalore

PRIVALORE is a new way of understanding the real estate sector that benefits everyone. It is the first national real estate developer open to all, allowing onli...

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