Blasco Ibañez Garden II in Valencia

Name: Sales in Blasco Ibañez Garden II started!
Start: 2021-03-04T08:38:37.755860+00:00
End: 2023-12-31T23:59:59+0000
Location: Blasco Ibañez Garden II

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Project info

Object ID: 11361

Finished at	December 2022
Price, m²	From 3700$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 49.00 m²
Floors	9
Apartments	72
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Tarongers 5 min Ayora 6 min La Carrasca 7 min Serrería 8 min Marítim-Serrería 10 min Amistat-Casa de Salud 11 min Amistat-/Casa de Salud 11 min La Cadena 13 min Universitat/Politècnica 13 min Universitat Politècnica 13 min Francesc Cubells 13 min Francesc/Cubells 13 min La Marina 15 min Doctor Lluch 15 min Mediterrani 16 min Grau-/Canyamelar 16 min Grau-Canyamelar 16 min Eugenia Viñes 17 min Les Arenes 17 min Aragón 18 min Marina Reial Joan Carles I 20 min Vicent Zaragozà 21 min Vicent/Zaragozà 21 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

181,300$

Net profit

6,783$

Payback period

20.1 years

Avg property value increase per year

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About the project

A promotion of 72 homes with 1 and 2 bedrooms distributed over 9 floors.

Modern homes in a perfect environment to enjoy the city of Valencia. It has a magnificent and innovative common area on the first floor with pool, solarium and playground.

Developer

MOMENTUM was born in 2008 with the conviction that the change in the cycle would generate good business opportunities in the real estate sec…
Details about Momentum Reim