Jorge Juan - Alicante

Calle Jorge Juan 6, pta D 4º Alicante

Funded

161.544 € (100%)

Total

161.544 €

145 Investors

Sold

Operation Total:

161.543,63 €

Mortgage:

0,00 €

Total to finance:

161.543,63 €

Internal Rate of Return (IRR):

10,10 %

Gross Rent Return

11,10 %

Net Rent Return

5,00 %

Cash on Cash

5,88 %

Return on Equity (ROE)

5,00 %
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.

Photo gallery

Jorge Juan - Alicante

Calle Jorge Juan 6, pta D 4º Alicante

Funded

161.544 € (100%)

Total

161.543,63 €

145 Inversores

Sold

Funded

161.544 € (100%)

Total

161.543,63 €

145 Inversores

Sold

Operation Total:

161.543,63 €

Mortgage:

0,00 €

Total to finance:

161.543,63 €

Internal Rate of Return (IRR):

10,10 %

Gross Rent Return

11,10 %

Net Rent Return

5,00 %

Cash on Cash

5,88 %

Return on Equity (ROE)

5,00 %
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.

Share:
Property information
Project summary
Financial information
Documentation
Market study
Project summary

Why invest in this apartment?

High Profitability Rate (IRR)=10.65%:

Recurring income and goodwill with its sale.

Very High Profitability Cash on Cash:

High monthly recurring income of 5.38%.

We add value through a reform:

So that the future sale is facilitated.

Information about the apartment

¡ We return to Alicante!

A little over a year ago Brickstarter landed in Alicante and to celebrate it we launched another opportunity in this same city.

The Costa Blanca is a tourist area of the country where a greater number of Spaniards are concentrated in the month of August 2019, with 336,418 travelers and almost 1.3 million overnight stays.

The hotel sector of the Costa Blanca has followed the trend of increasing employment like those of Benidorm and have closed August with an increase of 2.2 points over the same month of 2018 to reach an average of 92.2%.

In the Valencian Community, Catalonia was surpassed as the region preferred by the Spaniards to enjoy their summer vacations.

Data from the National Institute of Statistics (INE), indicate that the weight of autonomy in the whole country grew to 14.1% of all Spanish tourists, three tenths more than a year ago.

Therefore, we launched this opportunity in the historic center of Alicante just 200 meters from the beach.

It is a property with one bedroom and one bathroom, with capacity for four guests, but as we detailed in the market study, it is the type of property with the highest demand and projection.


Performance of similar apartments

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

Revenue 21,250 Euros in 2018.

Worst location

Revenue 18,644 Euros in 2018.

Worst design and distribution.

City

Alicante

Neighborhood

Casco histórico

Antiquity

1965

Property registry number

0373102YH2407C0048KJ

Type of property

Vacation Rental Property

Type of investment

Vacation Rental Property

Square meter

55

Number of rooms

1

Number of bathrooms

1

Elevator

2

Manager

Brickstarter

Promoter

Brickstarter

Location

In the "Barrio Santacruz"

A few meters from the Cathedral and the Castle, the neighborhood most demanded by tourists

Postiguet Beach

Just 200 meters from the beach.

In the district with less seasonality

High income all year.

This content is only available to registered users

Sign up for free and get full access of each property before investing

Log in

o

Register

This content is only available to registered users

Sign up for free and get full access of each property before investing

Log in

o

Register

This is the basic documentation. If you want to see all the information of the property Sign up or log in.

This content is only available to registered users

Sign up for free and get full access of each property before investing

Log in

o

Register

Do you have doubts?

We will be happy to help you