Residencial Cenobio in Las Palmas de Gran Canaria

Name: Sales in Residencial Cenobio started!
Start: 2022-03-15T10:17:33.424440+00:00
End: 2023-12-31T23:59:59+0000
Location: Residencial Cenobio

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Construction

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Project info

Object ID: 19106

Finished at	March 2022
Price, m²	From 2360$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 56.00 m²
Floors	4
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

132,160$

Net profit

7,229$

Payback period

13.9 years

Avg property value increase per year

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About the project

Modern design building in the center of Gáldar next to the health center, with fitted kitchen and cupboards, garage and storage room. Some houses with terrace. Qualities of Félix Santiago Melián with his years of experience in construction adapted to the technical code of the building. A few meters from commercial area and official agencies, with very good communications. Quiet area but at the same time centric.

Convenience in the form of payment during the execution of the work. And amounts delivered to account guaranteed by delivery of bank guarantee, from 3. € 000 booking.

Unique opportunity at this time in the area, especially because it is new work, will be brand new, it sounds like that of "smells new".

Ideal also for investors (Good profitability given the high demand for rentals, for the proximity to the new university in Guía).

Gáldar has recreational areas nearby, a few kilometers from the port of Agaete and the northern beaches a few minutes. With this building we want to leave a mark that Gáldar has the importance it deserves of Real Ciudad and remembering that it was the capital of Gran Canaria.