Lar Poniente in Malaga

Name: Sales in Lar Poniente started!
Start: 2021-01-29T08:25:12.468403+00:00
End: 2023-12-31T23:59:59+0000
Location: Lar Poniente

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Project info

Object ID: 10676

Finished at	December 2020
Price, m²	From 3570$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 78.00 m²
Floors	4
Apartments	46
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking 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

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

278,460$

Net profit

8,283$

Payback period

26.3 years

Avg property value increase per year

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About the project

LAR PONIENTE is a residential complex that will consist of 46 homes with 2 and 3 bedrooms. All of them with garage space and storage room included. The development will have a large swimming pool and green areas.

The secret of a good quality of life begins with the design of the homes, and LAR PONIENTE has been designed so that you get the most out of the spaces, so that you can enjoy the details of their finishes, design and quality. .

LAR PONIENTE is located in the Andalusian town of Torremolinos. A quiet area of residential housing, with established health services, sports centers and educational places for all ages. Provided with commercial areas and very close to Carrefour. One step away from the best golf courses, the best beaches on the Costa del Sol, water sports, parks and green areas to walk around.

Developer

Grupo Lar is a Spanish company, with a strong international vocation and exclusively real estate, a sector in which we were born and in whic…
Details about GRUPO LAR