Brickstarter
Renovation works

Estudios Calle Valencia

Alicante

Funded

178.274 € (100%)

Total

178.274 €

428 investors Renovation works
Total operation amount 178.273,83 €
Mortgage 0,00 €
Total to fund 178.273,83 €
Internal Rate of Return (IRR) 11,29 %
Gross rental yield 10,77 %
Net rental yield 5,64 %
Cash on Cash 7,52 %
Financial return (ROE) 5,64 %

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 34.420 €
Estimated term 4 years

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Why invest in this apartment?

Estimated return

Estimated IRR of 11.29%.

Discount on purchase price

Acquired 38% below market price according to our analysis

We will obtain 2 independent studios

The strategy of dividing the large apartment into two units could increase the value and estimated return for our investors.

Apartment information

This new investment project in the real estate market of Alicante is a spacious apartment divided into two smaller apartments, a decision that reflects our adaptation to the growing demands of the market.

The main features of the property are the following:

  1. Affordable Price: Acquired at €950 per square meter, 38% below the current market according to our analysis. A financial return is estimated, which is not guaranteed.
  2. Good Condition: The property is in good condition, reducing the need for significant renovations and potentially allowing income to be generated sooner, which is not guaranteed.
  3. Income Diversification: The strategy of dividing the apartment into two units larger than conventional studios responds to the growing demand for flexible and well-designed housing.
  4. Return Potential: A potential return in excess of 10% is estimated, based on the acquisition below market price and the availability of multiple rooms. This figure is an estimate and is not guaranteed.
  5. Strategic Location: Located in the 03006 zip code, the property is close to important amenities and places of interest, highlighting its attractiveness to potential tenants.


This project focuses on the continuous search for innovation, affordability and attention to market demand.

Technical specifications

City

Alicante

Neighborhood

CAMPOAMOR

Year built

1970

Cadastral reference

0082318YH2408C0006YR

Property type

Coliving

Investment type

Residential

Square meters

125

No. of bedrooms

4

No. of bathrooms

2

Manager

Brickstarter

Developer

Brickstarter

Residential neighborhood close to the center and the beach

And that we know well.

Good public transport connections

To the university.

Residential neighborhood with its own services

2 hospitals, free parking, shopping center, etc.

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Documentation

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