Alfahuir Garden in Valencia

Name: Sales in Alfahuir Garden started!
Start: 2021-03-04T07:57:01.348012+00:00
End: 2023-12-31T23:59:59+0000
Location: Alfahuir Garden

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Property for sale in Alfahuir Garden — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 11354

Finished at	October 2022
Price, m²	From 3385$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 109.00 m²
Floors	11
Apartments	102
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Machado 2 min Alfauir 5 min Estadi del Llevant 6 min Benimaclet 7 min Orriols 7 min Alboraya-Palmaret 8 min Vicent Zaragozà 8 min Vicent/Zaragozà 8 min Primat Reig 9 min Primat/Reig 9 min Sant Miquel/dels Reis 11 min Tossal del Rei 14 min Facultats 14 min Alboraya-Peris Aragó 14 min Universitat/Politècnica 16 min Universitat Politècnica 16 min Pont de/Fusta 16 min Sagunt 17 min Alameda 20 min Aragón 20 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

368,965$

Net profit

9,376$

Payback period

31.4 years

Avg property value increase per year

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About the project

Alfahuir Garden is located between Avenida Alfahuir and Dolores Marques and next to the district of Benimaclet, it is a unique location in a modern and charming area of the city of Valencia. It has all the services, shops and communications close to its residents.

Alfahuir Garden, has 102 homes of 2, 3 and 4 bedrooms, as well as penthouses and semitrailers, with wide and studied distributions that allow to enjoy a great comfort in our home.

All homes have large terraces, which thanks to the good orientation of the same, facilitate enjoyment of the Mediterranean climate throughout the year and also allows the enjoyment of community spaces and gardens.

From MOMENTUM REIM, we wanted to design a residential complex that offers a space of relaxation and that allows to enjoy family life with all the advantages of being surrounded by all the services offered by the city of Valencia.

Developer

MOMENTUM was born in 2008 with the conviction that the change in the cycle would generate good business opportunities in the real estate sec…
Details about Momentum Reim