Plaza del Teatro in Malaga

Name: Sales in Plaza del Teatro started!
Start: 2021-02-04T06:48:02.145864+00:00
End: 2023-12-31T23:59:59+0000
Location: Plaza del Teatro

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Project info

Object ID: 10802

Finished at	March 2020
Price, m²	From 5340$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 93.00 m²
Floors	3
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Underground 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

496,620$

Net profit

9,376$

Payback period

42.2 years

Avg property value increase per year

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About the project

A TROZO OF HISTORY OF MALAGA AT YOUR REACH

PLAZA DEL TEATRO will be a residential complex that will have two buildings, which will house 57 houses (various types: 1, 2, 3 bedrooms, 2 and 3 bedroom duplexes), commercial premises, 108 parking spaces and 58 storage rooms.

The project, because of its location, is a unique opportunity to live surrounded by the best cultural and leisure offer of the city of Malaga, as in its surroundings are the main museums (Picasso museum, Carmen Thyssen museum, cathedral museum. ), The Cervantes Theater, the Alcazaba and the Roman theater. As well as the main commercial arteries formed by the street Larios, Plaza de la Constitución, Calle Nueva and Muelle 1. Larios street is the core of the activity of the old town and also the commercial and economic reference. Both this route and most of those that converge in it, are pedestrian paths and have a large number and variety of shops.

Other aspects to emphasize is the progressive transformation and regeneration of the historical center of the city, a transformation that also reaches the adjacent streets, consisting of a partial pedestrianization, which will mean a greater limitation of the access road to the center, in favor of pedestrian access, Which gives the project more exclusivity, for the possibility of accessing the historic center with your own vehicle.

In addition to the proximity to all public transport (buses, suburban train and subway lines) and shopping centers, will make your experience more comfortable.

In PLAZA DEL TEATRO, you can enjoy life in the most attractive and sought after area of Malaga, in a unique and historic building that will revalue its surroundings, as well as giving continuity to the modernization and regeneration of the historic center.

Do not miss the opportunity to have a property in this environment, valued as well of cultural interest and with all the services at your disposal.

Developer

INSUR is a comprehensive real estate management company, which develops the promotion and construction of homes and real estate assets, resp…
Details about Grupo Insur