Brickstarter
Under Management

Studios Benalúa 4A

Alicante

Funded

110.258 € (100%)

Total

110.258 €

154 investors Under Management
Total operation amount 110.257,57 €
Mortgage 0,00 €
Total to fund 110.257,57 €
Internal Rate of Return (IRR) 11,00 %
Gross rental yield 10,88 %
Net rental yield 5,37 %
Cash on Cash 7,16 %
Financial return (ROE) 5,37 %

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.

Renovation / works 40.070 €
Estimated term 5 years

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Why invest in this apartment?

Estimated return (IRR)

Estimated IRR of 11%.

Alicante real estate market

Housing demand in Alicante may support the stability of rental income, although every investment carries risk.

Capital gain potential

For its privileged location and attractive purchase price

Apartment information

Investing in this Benalúa building project offers an investment opportunity due to its privileged location and the high demand for quality housing in the area. In addition, the acquisition price is below the area average.

Relevant project information:

  1. Attractive price: The cost per square meter is, according to our estimates, 65% lower than the average in the area, which could leave room for gains if the property appreciates in value, although this cannot be taken for granted.
  2. High rental demand: Studio apartments are in high demand among young professionals, students and couples looking for a comfortable and affordable living solution, which, according to our estimates, could support occupancy and recurring rental income.
  3. Quality and design: The apartments feature high-quality finishes and contemporary design, making them attractive to those seeking affordable housing without compromising aesthetics and quality.
  4. Flexibility and adaptability: Studio apartment spaces can be adapted for long-term or vacation rentals, expanding income-generating opportunities and adapting to changing market needs.
  5. Appreciation potential: Given the location and the acquisition price, the project could, according to our estimates, generate rental income and appreciate in value.

Investing in the Benalúa building offers an investment opportunity for estimated returns. An attractive price, high rental demand, quality and design, flexibility and adaptability, and appreciation potential, backed by the strategic location, are the factors considered in this project for investors looking for returns in the real estate market.

Technical specifications

City

Alicante

Neighborhood

Benalúa

Year built

1960

Cadastral reference

8857217YH1436 H0001Y

Property type

Coliving

Investment type

Residential

Square meters

80

No. of bedrooms

2

No. of bathrooms

2

Manager

Brickstarter

Developer

Brickstarter

Tourism and demand

Alicante is a major tourist destination, which may support demand for vacation rentals and occupancy of properties.

Infrastructure and services

The city has good infrastructure and a wide range of services, such as public transportation, hospitals, schools and shopping centers, making it an attractive place to live.

Connectivity

Alicante has an international airport and efficient transport connections that facilitate access and mobility in and out of the city.

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Documentation

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Issues

Dear investors,

We would like to inform you of an incident that occurred recently in the interest distribution process of the property Estudios Benalúa 4A. In the last payment corresponding to the month of November 2024, a duplicate deposit of the interest was made into your account by mistake.

Given that the volume of investors and transactions associated with this project makes a reversal process complex, we have decided to apply the amount of this additional payment as an advance payment to cover next month's interest. This solution allows us to maintain the normal flow of transactions, aiming for everything to continue to run efficiently.

We thank you for your understanding as we work to improve accuracy in future transactions.