Atico San Isidro

San Isidro 6 Alicante

Funded

162.706 € (100%)

Total

162.706 €

431 Investors

Under Management

Operation Total:

162.705,79 €

Mortgage:

0,00 €

Total to finance:

162.705,79 €

Internal Rate of Return (IRR):

10,24 %

Gross Rent Return

12,55 %

Net Rent Return

5,77 %

Cash on Cash

6,79 %

Return on Equity (ROE)

5,77 %
What do these figures mean?

Total operation: Total project investment.

Mortgage: Banking financing that will be requested to achieve the project.

Total funds: Funds requested from investors.

IRR: Return offered by the investment.

Gross Return on Rent: Total rent income divided by the total cost of the operation.

Net Rent Return: Return of the investor for the rent (once all the expenses of the project have been deducted), with respect to the total of the operation.

Cash on Cash: Income obtained by the shareholder in relation to his investment.

ROE: Net Financial Return for the Shareholder.

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Atico San Isidro

San Isidro 6 Alicante

Funded

162.706 € (100%)

Total

162.705,79 €

431 Inversores

Under Management

Funded

162.706 € (100%)

Total

162.705,79 €

431 Inversores

Under Management

Operation Total:

162.705,79 €

Mortgage:

0,00 €

Total to finance:

162.705,79 €

Internal Rate of Return (IRR):

10,24 %

Gross Rent Return

12,55 %

Net Rent Return

5,77 %

Cash on Cash

6,79 %

Return on Equity (ROE)

5,77 %
What do these figures mean?

Total operation: Total project investment.

Mortgage: Banking financing that will be requested to achieve the project.

Total funds: Funds requested from investors.

IRR: Return offered by the investment.

Gross Return on Rent: Total rent income divided by the total cost of the operation.

Net Rent Return: Return of the investor for the rent (once all the expenses of the project have been deducted), with respect to the total of the operation.

Cash on Cash: Income obtained by the shareholder in relation to his investment.

ROE: Net Financial Return for the Shareholder.

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Project summary
Financial information
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Market study
Project summary

Why invest in this apartment?

Estimated rate of return (IRR) = 10.24%

Property already in operation and with a valid license.

Estimated cash-on-cash return: 6.79%

Estimated monthly recurring income, with reduced seasonality.

Ready to start operating

It already has its first bookings.

Information about the apartment

We continue investing in Alicante, a city that we consider interesting in terms of income and occupancy rate. Since our first investment on Calle Mayor, many things have changed in the city. New legislation has been implemented, and it is now increasingly difficult to obtain a new license, which is good news if you already have one, as is the case here.

We are back with another property. Another apartment that has been operating as a vacation property.

The main features of the apartment are its views and its location, and this apartment has plenty of both. We have invested in penthouses and well-located apartments before. It is located right in the center of the city (Old Town), surrounded by restaurants and bars, and has a large terrace with views of Santa Bárbara Castle (one of the city's main attractions).

These are some reviews of the current property:

1

 As for the apartment, it is a property with one bedroom and one bathroom and a large terrace with views of Santa Bárbara Castle. It is a fully decorated apartment, very romantic and ready to enjoy Alicante and its climate all year round. According to the data available to us, it is a property that has generated more than €20 thousand per year since 2017.

Past or estimated returns do not guarantee future returns. Investing involves a risk of total or partial loss of the invested capital.

Performance of similar apartments

Profitable properties, similar to this one that are generating profits to their investors

Less favorable location in our assessment and no views

Approximate income: €25,697

No castle view

Approximate income: €25,348

City

Alicante

Neighborhood

Santa Cruz

Property registry number

0073402YH2407C0007WA

Type of property

Vacation Rental Property

Type of investment

Vacation Rental Property

Square meter

40

Number of rooms

1

Number of bathrooms

1

Manager

Brickstarter

Promoter

Brickstarter

Location

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.

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