JADE TOWER in Fuengirola

Name: Sales in JADE TOWER started!
Start: 2022-06-14T11:52:32.121846+00:00
End: 2023-12-31T23:59:59+0000
Location: JADE TOWER

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Project info

Object ID: 20507

Finished at	June 2024
Price, m²	From 3400$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 26.00 m²
Floors	6
Apartments	116
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

88,400$

Net profit

5,906$

Payback period

10.9 years

Avg property value increase per year

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About the project

Discover a true gem of luxury in the heart of Fuengirola. Jade Tower is an exclusive complex with 116 classy apartments and penthouses in a prime location: only 100 meters from the beach, but also in the heart of the city. Jade Tower – with its contemporary architecture and sustainable construction –, offers all the modern facilities requested in today´s life, together with outstanding outdoor areas to enjoy the authentic laidback Mediterranean lifestyle.

Jade Tower is conveniently located in a prime area of Fuengirola, in the centre of the Costa del Sol, with Malaga and the airport only 20 minutes away to the east, as well as Marbella to the west. Blessed with more than 320 days of sunshine per year, and the many flight connections, this is the perfect place to establish a new – permanent or holiday – home, to escape the daily busy life.

Jade Tower consists modern and smartly designed apartments with 1, 2 and 3 bedrooms, with large terraces to fully enjoy the Mediterranean climate and lifestyle. Materials and fittings of the highest quality have been handpicked by our design team.

Developer

Cordia is a subsidiary of the highly capitalised, Hungary based Futureal Group, one of Central Europe’s 10 largest property development and …
Details about Cordia