Estimated rate of return (IRR) = 10.24%
Property already in operation and with a valid license.
Under Management
Atico San Isidro
Alicante
Funded
162.706 € (100%)
Total
162.706 €
431 investors
Under Management
Total operation amount
162.705,79 €
Mortgage
0,00 €
Total to fund
162.705,79 €
Internal Rate of Return (IRR)
10,24 %
Gross rental yield
12,55 %
Net rental yield
5,77 %
Cash on Cash
6,79 %
Financial return (ROE)
5,77 %
Investing in this product involves the risk of losing some or all of the capital invested. Past or estimated returns do not guarantee future returns.
Total operation: Total investment in the project.
Mortgage: Bank financing that will be requested to carry out the project.
Total to fund: Funding requested from investors.
IRR: Return offered by the investment.
Gross rental yield: Total annual rental income from the property divided by the total cost of the operation.
Net rental yield: Investor rental return (after deducting all project costs) relative to the total operation.
Cash on Cash: Income obtained by the shareholder relative to their investment.
ROE: Net financial return for the shareholder.
Renovation / works
1.000 €
Estimated term
4 years
Why invest in this apartment?
Estimated cash-on-cash return: 6.79%
Estimated monthly recurring income, with reduced seasonality.
Ready to start operating
It already has its first bookings.
Apartment information
The apartment is in good condition to host guests. (In fact, there are some bookings that we inherited from the current owner and that we will keep).
In addition, these are other features of the property:
- Its large terrace, with views of Santa Bárbara Castle, is one of the main features of the apartment.
- The location is central. Right in the historic center, it is surrounded by restaurants, bars and all kinds of venues. It is 5 minutes on foot from the beach and the main tourist attractions, in the “Old Town”, the zip code that, according to our data, has the highest occupancy rate and income and the least seasonality.
- The apartment has been operating as a vacation rental property since 2017. We have historical data to estimate its return.
- The apartment is already furnished and is in good condition. We will keep some future bookings, which will allow us to have income from those bookings.
- Although it is in the busiest part of the city, since it is a penthouse, it is quiet at night. During the day, you only have to open the balcony to enjoy the sun and the breeze, and go down to the street to enjoy the city's restaurants and bars.
- The apartment has a valid license.
Technical specifications
City
Alicante
Neighborhood
Santa Cruz
Cadastral reference
0073402YH2407C0007WA
Property type
Vacation Rental Property
Investment type
Vacation Rental Property
Square meters
40
No. of bedrooms
1
No. of bathrooms
1
Manager
Brickstarter
Developer
Brickstarter
Terrace with views
Views of Santa Bárbara Castle
Old Town
According to our data, the most in-demand district in the city.
District with the highest vacation rental income
According to our data, the one with the highest average and total income and occupancy.
Documentation
This is the basic documentation. If you want to see all the information about this property sign up or log in .