Lotus Ruzafa in Valencia

Name: Lotus Ruzafa
Brand: uP project
SKU: 11287
Availability: InStock

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Project info

Object ID: 11287

Finished at	—
Price, m²	From 2000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 89.00 m²
Floors	4
Apartments	19
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Xàtiva 4 min Bailén 4 min Plaça Espanya 8 min Colón 8 min Jesús 12 min Àngel/Guimerà 13 min Àngel Guimerà 13 min Alameda 14 min Patraix 19 min Pont de/Fusta 20 min Aragón 21 min Facultats 21 min
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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

178,000$

Net profit

9,376$

Payback period

15.1 years

Avg property value increase per year

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About the project

Building with 19 houses, commercial premises, 37 parking spaces and 20 storage rooms. The architectural block is developed between party walls, whose volumetry is composed of: two floors below ground where the garage and storage rooms are located, ground floor for the 2 entrances and commercial premises, a mezzanine floor that allows access to homes the free zone and the communal pool, four floors at the rate of 4 houses per floor and an attic floor with 3 houses.