Il Castello del Porto in Las Palmas de Gran Canaria

Name: Sales in Il Castello del Porto started!
Start: 2022-03-16T10:22:18.557779+00:00
End: 2023-12-31T23:59:59+0000
Location: Il Castello del Porto

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Project info

Object ID: 19150

Finished at	May 2021
Price, m²	From 2945$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 104.00 m²
Floors	6
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

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

306,280$

Net profit

9,376$

Payback period

26.1 years

Avg property value increase per year

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Promos and discounts for Il Castello del Porto

About the project

New promotion of homes, commercial premises, garages and storage rooms. Its location makes this plot exceptional, since it is located in front of the Parque de la Luz that houses El Castillo de La Luz or Fortaleza de las Isletas (1494), just 650 meters from Las Canteras Beach and 500 meters from the Port Market.

The plot has an area of 288 square meters, its façade occupies Calle Juan Rejón 83 and 85, for all this makes it a unique plot in the area, since it allows the development of a project with fantastic distributions of each of the houses.