15.5 C
Thursday, November 26, 2020
    Featured Has Covid-19 made your business premises ...

    Has Covid-19 made your business premises empty and are you exploring how to take advantage of it as soon as possible? Convert it into a home thanks to the participatory financing offered by icrowdhouse and put it up for sale or rent. How?.


    - Advertising -banner blog ich button 2 icrowdhouse

    Let's go to a practical example. It turns out that my 400 m2 commercial space in López de Hoyos in Madrid is no longer attractive, I have been lowering the price for years and every day it costs me more to rent it. They offer me tenant clients with little solvent businesses, I can't even get 2.000 euros a month because I have to invest in renovations. It was a very commercial neighborhood that has ceased to be so, very well located, near the M-30, very well connected, where there are almost no residential rental homes.

    So why not convert the premises into homes? There can be 5 modest homes but with a fantastic location. If I add up what I could bill per month, it far exceeds the rent for the premises. It is safer because I do not focus the risk on a single tenant dependent on the business and with a lot of occupancy in case of turnover.

    What will be the next step? I contract an architect to do a basic project for me and manage the construction and habitability license as housing.

    2 icrowdhouse 1024x1024

    Once all the licenses are confirmed, I already have the total cost of operation. The premises are priced at 500.000 euros and the capex cost is 500.000 euros (reform and taxes), so you have to invest 100.000 euros for homes to make them luxury, the area deserves it.

    The developer / construction company that I have hired is a client of icrowdhouse and has made a feasibility study of the project that icrodwhouse has to validate and thus be able to upload it to the platform to capture the 500.000 euros necessary for the reform and not have to go to the bank to ask for a mortgage. In short, each home can be rented for 1.500 euros per month. The net profitability for me will be 6%, that is, 2.500 euros per month, they manage the exploitation of assets, they make sure to have solvent tenants and I have 50% of the company that owns the asset with the possibility of selling my shares in 5 years at a value of 600.000 euros. 

    The total of the 5-year net income operation is 150.000 euros, plus the 5-year value of 600.000 euros, which means 10% annual net, without having to put one euro and with the management costs included: a solution to a need, we all win.

    favicon new ich icrowdhouse 150x150
    Crowdhouse Worldwide PFP SL
    Participatory Financing Platform authorized by the National Securities Market Commission (CNMV) in accordance with Law 5/2015 on the Promotion of Business Financing. Registered with the number 22 in the Register of Participatory Financing Platforms of the CNMV.

    Latest News

    Differences between equity crowdfunding and crowdlending

    In recent months, it has become increasingly difficult to access bank financing. Your pre-sales requirements are ...

    The 5 benefits of software to optimize the investment portfolio

    What do real estate investment platforms and their technological tools contribute to optimizing a portfolio of ...
    - Advertising -add icrowdhouse software

    Why is it interesting for an EAFI to invest through icrowdhouse?

    Any investor knows the maxim of not putting all the eggs in the same basket. Indeed, a good ...

    Financing a real estate project without depending on large funds and traditional bank loans? It is already possible thanks to participatory financing platforms such as ...

    The dependence on financing for real estate developments will always be necessary because the costs (mainly land and construction) are very ...

    You should read

    What is Real Estate Crowdfunding?

    What is Real Estate Crowdfunding? Real Estate Crowdfunding is also ...

    We are City Builders

    Town planners from the main international universities agree to forecast ...
    - Advertisement -banner blog ich button icrowdhouse

    You might also be interestedRELATED
    Recommended for you