Edificio San Rafae in Malaga

Name: Sales in Edificio San Rafae started!
Start: 2021-03-12T11:49:30.717393+00:00
End: 2023-12-31T23:59:59+0000
Location: Edificio San Rafae

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Project info

Object ID: 11531

Finished at	December 2021
Price, m²	From 2770$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 43.00 m²
Floors	3
Apartments	12
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool 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

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

119,110$

Net profit

6,783$

Payback period

13.2 years

Avg property value increase per year

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About the project

SAN RAFAEL BUILDING. It is a modern building next to Armengual de la Mota made up of 12 apartments distributed in 6 large studios, 4 1-bedroom apartments, of which

two are duplex penthouses, and 2 apartments with 2 bedrooms are duplex penthouses. All of them are modern and spacious, well-lit homes with large windows to the outside and include furnished and equipped kitchens and fully installed integral air conditioning.

Located very close to the Historic Center, in an area equipped with all kinds of services and magnificent communications by public transport with the rest of the city, this exclusive and elegant building is the ideal place for those who wish to acquire, in the heart of Malaga, a home for your own enjoyment or as an investment.

The ground and first floors of the building are made up of four houses, three studios and a one-bedroom house. The three studios are conceptualized for young people who want to live in one of the residential areas in the center of Malaga, in a house that is distributed in a spacious living-dining room with a furnished and equipped kitchen, a complete bathroom and a bedroom area.

The 1-bedroom apartment has a large living-dining room and a fully fitted and equipped kitchen and a separate bedroom with a large L-shaped dressing room.

The second and last floor of the building is made up of four duplex apartments with 1 and 2 bedrooms. The two 1-bedroom houses offer on the first floor a spacious living-dining room and kitchen with a surface area of more than 30 m2 and a separate bathroom. On the upper floor there is a large bedroom and a complete designer bathroom en suite.

The two 2-bedroom houses are divided into a living-dining room and 1 bedroom on the lower floor with a full bathroom and 1 bedroom on the upper floor with an en-suite bathroom and large closets.