web.masteos.com Open in urlscan Pro
2a06:98c1:3121::3  Public Scan

Form analysis
0 forms found in the DOM

Text Content

Flat - 73 m2 - Sevilla

Register or login to access access more details.
Log in
Sign up
Property
Renovation
Finance

About this property
Are you looking for a good investment opportunity? We present it to you here ✨
🏘️ It is located in the La Macarena district, a strategic location in Seville
to be 15 minutes WALK, from the historic center, the Hospital de la Macarena
(one of the best in Spain), Seville's medical & paramedical university cluster,
the Parliament of Andalusia, as well as the La Cartuja technology park. This
apartment is also a 5-minute walk from the future "Hospital Macarena" Metro
station / hub, which will link this district in 10 minutes to the city's finest
monuments (Plaza de España, Cathedral...) within a few years. The district
boasts a wide range of services (stores, supermarkets, restaurants), immediate
proximity to the Rio Guadalquivir and Seville's largest park (Parque del
Alamillo). 🏢 The current 73 m2 apartment has 3 bedrooms, a living room with
balcony, separate kitchen and bathroom. We consider that the best way to rent
this apartment is by room, all of which have an unobstructed view without
overlooking. In one of the rooms, you can even see Seville's famous Giralda in
the distance 😍 The apartment is on the 9th floor, with elevator, in a building
that already has several student shared flats. 📍 The apartment is located in a
quiet street, very well served and with good avenues nearby. Bus stations (lines
2, 6, 10 and 13) are less than 500m away. This is undoubtedly a great advantage,
as it allows you to get to practically all points of interest in the city of
Seville without connections in less than half an hour (Plaza de España, historic
center, train station, university areas, etc.). 🚧 In terms of renovation work,
we are planning a complete overhaul including a new kitchen, a new bathroom, the
installation of a floating floor, bringing the electrical installation up to
standard, changing the door frames and general painting of the property.
Translated with DeepL

View original
Key figures
8,5 %
Gross yield
7,1 %
Net return
1 000 €
Monthly rent excluding charges
35 000 €
Renovation
142 450 €
Total project cost
The + of the property
Well discounted compared to the area
Property valued at 110K€ by the BBVA bank and sold at 1,146€ /m² (vs 1,599€ on
average for the Macarena district)
Bright apartment
Located on the 9th floor with elevator, this property offers unobstructed views
without overlooking the Giralda of Seville in some rooms.
Location
Located 15 min walk from the historic center, 400m from the future metro station
and 4 bus lines, 8 min walk from the University of Medicine, 6 min walk from
Virgen Macarena Hospital and 13 min from the Guadalquivir River.
Arrangement of the property
Seville's future metro line 3, an 8-year, 1.3 billion euro project starting in
2023, will have a hub at the "Hospital Macerena" station, just 400m from this
property.
Translated with DeepL

View original
The property
Type of property
Flat
Shared flat
Yes
Co-ownership
Yes
Floor
9th
Rental status
Vacant
Surface
73 m²
Number of lots

Type of rental
Furnished
Selling price
83 630 €
Current price/sqm
1 146 €
Neighbourhood
This property is located in the "Barriada del Rocio", in the heart of the
Macarena district, whose population is largely made up of immigrant workers from
Latin America and North Africa. The area is not considered conflict-ridden, and
represents a major growth opportunity in the medium term, given its proximity to
the historic center and the future "Hospital Macarena" metro hub, just a few
minutes' walk away. The area as a whole has seen price growth of 5-10% per annum
in recent years, so the proportion of wealthier classes (students, young
professionals, especially healthcare professionals) is increasing to the same
extent.
Translated with DeepL

View original
The simulation tools made available on the application and the site offer
indicative projections without contractual value. These decision-making tools do
not replace an in-depth analysis of your financial situation and the technical
and legal constraints of the property concerned. Return and enrichment shown are
projections of the most favorable investment hypothesis. They must be assessed
in light of your real investment conditions and market conditions, particularly
rental or banking conditions. Transaction: Masteos does not guarantee net or
gross profitability rates. Exogenous factors can have an impact on the
investment made: local market balances, economic and/or social context,
unfavorable national or local regulatory developments, etc. In addition, Masteos
cannot protect investors against any more unfavorable regulation, whatever its
nature, likely in particular to impact the amount of practicable rent and which
would be adopted subsequent to acceptance of the letter of intent. purchase (or
equivalent) or any subsequent acts. Works: The amount indicated for the works is
purely estimated. This amount only becomes final after sending the final quote,
in principle after signing the sales agreement but before the expiry of the
withdrawal period. Rental management: Any real estate investment presents risks
linked in particular to the quality and condition of the property, unpaid rent
and the vacancy of the rented property. Over the duration of a real estate
investment, rental values may rise or fall depending on characteristics linked
to the property or the external environment (local attractiveness, more or less
restrictive regulations, market conditions). etc.). Our calculations and
forecasts are not indicative of future performance. Generally speaking, the
investor is informed that investing involves risks.

Overall estimate of the renovation cost
44 000 €
Works duration
4 months
Before works DPE
DPE in progress
Before works GHG
GHG in progress
Proposed work: Open the kitchen to the living room and smooth out the wall in
front of the kitchen window, to create an open space with lots of light, large
east and south windows and good unobstructed views.
Translated with DeepL

View original
Our works guarantees
With real support from A to Z, you can rest easy.
A direct contract with Masteos
Masteos directly insures and guarantees the work (guarantees of perfect
completion, perfect operation and ten-year guarantees).
Delay guarantee
In the event of a delay in building work, we will pay you 50% of the rent not
received after 1 month's delay.
Proven expertise
With just over 1,000 projects completed across France and Spain, our teams are
ready to renovate your property.
210 partner companies
We select, screen and analyse all the companies we work with to provide you with
the best possible service.
Furnishing
At Masteos, comfort is sacred! We decorate and equip your project so that your
future tenants feel at home and stay as long as possible.
Furnishing details
Interior furnishing pack
See package details
Study & Design
Delivery
Installation & Assembly
Cost of furnishing
9 000 €
Examples of projects
FAQ
Who is carrying out the renovation work on my property?
Masteos takes care of the engineering of your project. Thanks to its experience
of more than 3,000 rental investment projects and more than 1,500 lots under
management, Masteos can design your renovation. This involves a designer drawing
up the technical plans, drawing up the estimates and technical descriptions,
then selecting the best tradesmen, training them to meet our technical
specifications and supervising the work on site by a works supervisor.
Is the cost of the work guaranteed?
Our quotation is firm and final. To do this, the cost of the work will go
through several phases that are covered by our design contract, which will be
presented to you at your first meeting: - A summary estimate on the form, drawn
up by our local property experts. - A detailed estimate following the OCS and
before the signing of the compromis, produced by a designer after an on-site
technical audit. - A definitive line-by-line estimate and the accompanying
documents (plans, technical description, catalogue, etc.). - Optionally, an
energy audit to determine the work required to ensure a letter of DPE after the
work. Additional estimates may only be provided for work that is due to
unforeseeable events prior to the start of the works.
Will you commit to a timeframe for the work?
Masteos commits to a definitive deadline on your quotation. This deadline will
then be contractually binding as soon as the quotation is signed. The start-up
deadline is also contractually fixed. Our design process, which is the subject
of the design contract, will enable us to move from an estimated deadline on the
property sheet to a guarantee of these delivery deadlines in order to avoid
delays.
What guarantees are there on the work carried out?
Masteos insurance covers all the trades involved in the property, so we can
guarantee that the work is carried out properly and to the required standards.
Ten-year guarantee For ten years from the date of acceptance of the work, we may
be held liable for damage that compromises the solidity of the structure or
prevents the structure from fulfilling its function. Guarantee of perfect
completion For one year from the date of acceptance of the work, we must repair
all defects, however serious they may be. However, it does not cover defects
resulting from normal wear and tear or use. Guarantee of good working order For
a period of two years from the date of acceptance of the work, we are obliged to
repair any defects that affect the operation of equipment that can be separated
from the work.
The simulation tools made available on the application and the site offer
indicative projections without contractual value. These decision-making tools do
not replace an in-depth analysis of your financial situation and the technical
and legal constraints of the property concerned. Return and enrichment shown are
projections of the most favorable investment hypothesis. They must be assessed
in light of your real investment conditions and market conditions, particularly
rental or banking conditions. Transaction: Masteos does not guarantee net or
gross profitability rates. Exogenous factors can have an impact on the
investment made: local market balances, economic and/or social context,
unfavorable national or local regulatory developments, etc. In addition, Masteos
cannot protect investors against any more unfavorable regulation, whatever its
nature, likely in particular to impact the amount of practicable rent and which
would be adopted subsequent to acceptance of the letter of intent. purchase (or
equivalent) or any subsequent acts. Works: The amount indicated for the works is
purely estimated. This amount only becomes final after sending the final quote,
in principle after signing the sales agreement but before the expiry of the
withdrawal period. Rental management: Any real estate investment presents risks
linked in particular to the quality and condition of the property, unpaid rent
and the vacancy of the rented property. Over the duration of a real estate
investment, rental values may rise or fall depending on characteristics linked
to the property or the external environment (local attractiveness, more or less
restrictive regulations, market conditions). etc.). Our calculations and
forecasts are not indicative of future performance. Generally speaking, the
investor is informed that investing involves risks.

Financial modelling
142 450 €
Total project cost
58 541 €
Borrowed capital
1 000 €
Monthly rent excluding charges
340 €
Monthly loan payment
Total project cost
Selling price FAI

83 630 €
Work
35 000 €
Furniture
9 000 €
Notary fees
1 220 €
ITP

5 600 €
Masteos Fees

6 500 €
Bank charges

1 500 €
Brokerage fees

0 €



Total project cost
142 450 €
Financing
100% cash purchase

Down payment

83 909 €

Loan duration
20 years

Lending rate APR
3,50 %

Monthly loan payment
340 €
Financial forecast
80 666 €
Cash available in the year of resale
65 791 €
Net wealth at 10 years
x 1.8
Enrichment coefficient
Holding period

10 years

Property annual price evolution

0,0 %

Resale price

115 000 €
Outstanding capital

-34 334 €


Cash available in the year of resale
80 666 €
Down payment

-83 909 €
Cumulative cash surplus

69 034 €


Expected net wealth at 10 years
65 791 €
Cash flow analysis
8.5%
Gross yield
7.1%
Net return
496 €
Monthly cash surplus
777 €
Average monthly enrichment
Annual income
12 001 €
Annual rent excluding charges
12 000 €
Rental charges

1 €
Number of months of occupation

12 / 12 months




Annual income
12 001 €
Annual expenses
1 976 €
Condominium fees

600 €
Property tax
179 €
Home owner insurance

237 €
Rental management

960 €



Annual expenses
1 976 €
Net annual cash flow
Annual income
12 001 €
Annual charges
-1 976 €
Loan annuity
-4 074 €

Annual cash surplus
5 951 €
This means a monthly cash surplus
496 €
The simulation tools made available on the application and the site offer
indicative projections without contractual value. These decision-making tools do
not replace an in-depth analysis of your financial situation and the technical
and legal constraints of the property concerned. Return and enrichment shown are
projections of the most favorable investment hypothesis. They must be assessed
in light of your real investment conditions and market conditions, particularly
rental or banking conditions. Transaction: Masteos does not guarantee net or
gross profitability rates. Exogenous factors can have an impact on the
investment made: local market balances, economic and/or social context,
unfavorable national or local regulatory developments, etc. In addition, Masteos
cannot protect investors against any more unfavorable regulation, whatever its
nature, likely in particular to impact the amount of practicable rent and which
would be adopted subsequent to acceptance of the letter of intent. purchase (or
equivalent) or any subsequent acts. Works: The amount indicated for the works is
purely estimated. This amount only becomes final after sending the final quote,
in principle after signing the sales agreement but before the expiry of the
withdrawal period. Rental management: Any real estate investment presents risks
linked in particular to the quality and condition of the property, unpaid rent
and the vacancy of the rented property. Over the duration of a real estate
investment, rental values may rise or fall depending on characteristics linked
to the property or the external environment (local attractiveness, more or less
restrictive regulations, market conditions). etc.). Our calculations and
forecasts are not indicative of future performance. Generally speaking, the
investor is informed that investing involves risks.




JavaScript is required to use this app