Nereidas in Malaga

Name: Sales in Nereidas started!
Start: 2021-01-13T08:16:50.590981+00:00
End: 2023-12-31T23:59:59+0000
Location: Nereidas

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Project info

Object ID: 10439

Finished at	October 2021
Price, m²	From 17050$
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 58.00 m²
Floors	5
Apartments	104
Condition	Fresh renovation
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa Fitness Pool Kids playground Near school Near supermarket
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Personal discount certificate 300$
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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

988,900$

Net profit

7,229$

Payback period

104.1 years

Avg property value increase per year

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About the project

"Project of 104 luxury apartments with sea views. The promotion, of modern architecture, has been conceived following the highest standards of design, quality and finishes. The size of the houses, their distribution and interior free height are those of the most luxurious segment of the real estate sector. All this added to the exquisite landscaping of the green areas, its three swimming pools and the geometry of its facades makes Nereidas the most exclusive project in the Metropolitan area of Malaga."

Developer

100 years of history 1918. Metrovacesa founded 1953. Construction of Spain Building 1955. Construction of Madrid Tower 2005. Internation…
Details about Metrovacesa