Canceled
Rentals

Valencia | Campanar Apartments Project

VIVIZ

Avenida del Maestro Rodrigo 45, Valencia

VIVIZ

4 projects
Funded

3,345,000 €

Total

0 €

Investors

0

Dividend

Quarterly

Economic summary

Annual Net Profitability7,75%
Gross Annual Profitability8,60%


Rental project in Valencia

Ticket: €3,345,000 // Term: 36 months

Average annual dividend of 7.75%

Quarterly interest payment


We present a new project: Apartments Campanar Valencia which consists of the acquisition of an office floor for its renovation and transformation into 20 accommodations for its operation as a tourist (the already granted license is for a pension), which will be operated by a national operator, with a special focus and experience in the city of Valencia, Alma Suites.


The project is located in the Campanar district in the city of Valencia, more specifically on Avenida del Maestro Rodrigo, 45. The asset is composed of twenty registered properties on the ground floor of a mixed-use building (residential and tertiary) with a gross leasable area (GLA) of 1,819 m².


The Campanar district, which has more than 38,000 inhabitants, is composed of four neighborhoods: Campanar, Les Tendetes, El Calvari and Sant Pau, old farmhouses dependent on the town of Campanar that were swallowed up by the growth of the city of Valencia. It is only 2.5km from the city center and a 10-minute drive from the airport. In addition, the asset is located just 900 meters from the Bioparc Valencia, one of the main tourist attractions of the city.

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Manager

VIVIZ
VIVIZ is a company specialized in the promotion of new construction and real estate asset management. It promotes a business model that allows offering alternative investment proposals to traditional markets, focused on the real estate sector. They offer services of new construction promotion, capital management through real estate assets, and development and promotion of tourist apartments.
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Location

Avenida del Maestro Rodrigo 45,

Valencia, España