Turia Garden in Valencia

Name: Sales in Turia Garden started!
Start: 2021-03-04T08:21:40.793282+00:00
End: 2023-12-31T23:59:59+0000
Location: Turia Garden

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Construction

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Project info

Object ID: 11358

Finished at	December 2022
Price, m²	From 3800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 53.00 m²
Floors	9
Apartments	118
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Campanar 10 min Nou d'Octubre 11 min Beniferri 12 min Avinguda/del Cid 14 min Avinguda del Cid 14 min Túria 14 min Mislata 16 min Garbí 16 min Benicalap 17 min Florista 17 min Palau de/Congressos 19 min Trànsits 21 min Empalme 21 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

201,400$

Net profit

7,229$

Payback period

21.2 years

Avg property value increase per year

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About the project

• The new MOMENTUM REIM development, “Turia Garden”, has 118 homes with 1, 2, 3 and 4 bedrooms, as well as magnificent penthouses. All its homes are designed with modernity and functionality.

• Located next to the head park and the biopark, in the NOU CAMPANAR area, it is a unique location in a modern and functional area of the city of Valencia. It has all the services, shops and communications close to its residents.

• The homes have large terraces, which, thanks to the good location and orientation of the development, allow you to enjoy the Mediterranean climate throughout the year. It also has a large common area, where you can enjoy the pool, different spaces and community gardens.

• The residential has a single access with security control, as well as community facilities for leisure and recreation, including a community pool, green recreational areas and children's playground. In the same way and to respond to current needs, the homes are equipped with parking spaces in the basement, storage rooms and reservation of bicycle parking spaces

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