Residencial Patraix Placa in Valencia

Name: Sales in Residencial Patraix Placa started!
Start: 2021-03-02T08:37:16.892253+00:00
End: 2023-12-31T23:59:59+0000
Location: Residencial Patraix Placa

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Project info

Object ID: 11294

Finished at	September 2021
Price, m²	From 2440$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 135.00 m²
Floors	3
Apartments	20
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Avinguda/del Cid 8 min Avinguda del Cid 8 min Patraix 8 min Jesús 10 min Àngel/Guimerà 10 min Àngel Guimerà 10 min Safranar 10 min Plaça Espanya 12 min Bailén 14 min Túria 15 min Nou d'Octubre 16 min Xàtiva 17 min Sant Isidre 18 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

329,400$

Net profit

9,376$

Payback period

28.0 years

Avg property value increase per year

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About the project

Patraix Plaça Residencial is a new building of 20 homes located in the neighborhood of Patraix, a residential area perfect for living. It is located less than 3 kilometers from the center of Valencia, and has all kinds of services available around it: pharmacy, supermarkets, children's schools, bus stop of line 71 "La Llum - Universitats" a few meters, stop subway "Jesus", branches of different banks, etc.

Our team will give you free advice on financing possibilities. Do not hesitate and call us.

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Developer

ACTIVUM is a real estate company with more than 20 years of experience in the sector and we offer real estate services to the main Platforms…
Details about Activum