Maritim Plaza in Valencia

Name: Sales in Maritim Plaza started!
Start: 2021-02-01T08:04:44.583803+00:00
End: 2023-12-31T23:59:59+0000
Location: Maritim Plaza

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Project info

Object ID: 10704

Finished at	June 2021
Price, m²	From 2600$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 88.00 m²
Floors	4
Apartments	18
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Francesc/Cubells 1 min Francesc Cubells 1 min Marítim-Serrería 4 min Grau-Canyamelar 4 min Grau-/Canyamelar 4 min Mediterrani 8 min Doctor Lluch 9 min Marina Reial Joan Carles I 9 min Ayora 10 min Les Arenes 11 min La Marina 12 min La Cadena 14 min Serrería 15 min Eugenia Viñes 15 min Tarongers 17 min Amistat-Casa de Salud 19 min Amistat-/Casa de Salud 19 min La Carrasca 21 min
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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

228,800$

Net profit

9,376$

Payback period

19.5 years

Avg property value increase per year

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About the project

Developed by Maritim Plaza

Free housing developed under cooperative regime, set in the seaside neighborhood of El Grao, on C/ Ernesto Anatasio, 7-9 (Valencia), near Les Dressanes building, close to the Grao Marketplace and just a step away from Las Arenas beach.

This magnificent residential building is comprised of 1 and 2 bedrooms apartments, with community swimming pool. The Project includes private terraces on ground, first, second, third and penthouse floors.

It´s the cooperative´s commitment to allow its members to personalize their apartments´ indoor spaces by giving them the chance to choose from several high quality materials and finishes, blending the trendiness of its exterior with the comfort of a superb indoor layout.

Developer

Set up in 2004, Planificación Residencial y Gestión, S.A., (Prygesa), is a benchmark company in the field of real estate development due to …
Details about Prygesa