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The RYO53 real estate project will be located in Medellín, in the La Aguacatala neighborhood, a few minutes walking distance from the EAFIT University, office areas, stores and all types of businesses.
Ryo53 is a project of "short and medium stay suites for rent" with complementary services on the second floor.
It will be commercialized through the AIRBNB scheme and digital platforms such as Booking.com with a single operating company, "Easy Living".
The Ryo53 real estate project features a modern design with industrial finishes and dedicated workspaces in living quarters, Ryo will have 46 units for short and medium term rentals.
The units will be delivered fully finished, with an additional payment for endowment. They will have industrial and modern finishes.
Profitability is projected to exceed 17.5% A.E. including an annual appreciation of 5% of the value of the property. (*Projected profitability is subject to market conditions and occupancy).
Complete the form and download all the relevant information about the short term rental real estate project RYO53.
Its location in the La Aguacatala neighborhood is ideal for the project's target audience, which are visitors who come to the city for work or study and need dedicated work spaces.
In a building with suites with terrace, jacuzzi and sauna on the fourth floor and a variety of duplexes with independent work space.
Invest in a short and medium term real estate rental business, own a piece of a building created to generate monthly cash flow through the rental of real estate units.
With an investment starting at $365 million pesos you can acquire a percentage of the business and become part of a passive income investment model.
With a 5% valuation on an average occupancy at 72% (Medellín is currently at 82%), you could recover your investment in 9 to 10 years.
Using its lean operating model, it will seek to improve both margin and guest satisfaction.
More info: easyliving.com.co
*The numbers in the business proposal are a projection calculated under an average occupancy of 72% and are based on the average occupancy of the city of Medellín. Market variations and external factors may alter the result. Construction times are calculated based on normal market times and conditions and the correct disbursement of installments by investors. Investing involves risk, including loss of principal. Past performance does not guarantee or indicate future results. Historical returns, expected returns or probability projections may not accurately reflect actual future performance.
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