José Más Esteve

Jose Mas Esteve 61 - Elche

Funded

90.938 € (100%)

Total

90.938 €

129 Investors

Under Management

Operation Total:

90.938,13 €

Mortgage:

0,00 €

Total to finance:

90.938,13 €

Internal Rate of Return (IRR):

11,98 %

Gross Rent Return

11,22 %

Net Rent Return

5,61 %

Cash on Cash

7,48 %

Return on Equity (ROE)

5,61 %
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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José Más Esteve

Jose Mas Esteve 61 - Elche

Funded

90.938 € (100%)

Total

90.938,13 €

129 Inversores

Under Management

Funded

90.938 € (100%)

Total

90.938,13 €

129 Inversores

Under Management

Operation Total:

90.938,13 €

Mortgage:

0,00 €

Total to finance:

90.938,13 €

Internal Rate of Return (IRR):

11,98 %

Gross Rent Return

11,22 %

Net Rent Return

5,61 %

Cash on Cash

7,48 %

Return on Equity (ROE)

5,61 %
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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Property information
Project summary
Financial information
Documentation
Market study
Project summary

Why invest in this apartment?

Very high yields

Estimated IRR of 11.98%.

Perfect location

It is a spacious house with all the facilities

High monthly profitability

Due to its high occupancy, the estimated monthly yield is 5.61%.

Information about the apartment

We would like to share with you our most recent investment opportunity, focused on non-holiday properties and oriented to mid-stay or coliving. 

This property complements our most recent investment project in Elche, and reinforces the work that the Brickstarter team is doing to seek new investment opportunities that generate higher returns.

 We can highlight the purchase price as one of its key features, in addition to its good condition, distribution and location. The rectangular design of the property will allow us to maximize its surface to create 5 bedrooms and 2 full bathrooms, all of them with natural light. In the same way, being an opportunity processed with a bank, it has allowed us to pay for it an average price per square meter much lower than the average of the apartments in the area. This means that even after the reforms made, we get a price per square meter of 9.86% cheaper than the market price in the area, which will be transformed into higher profit in the sale of the property.

A very high level of profitability, lower property management costs and a steady and consistent income stream over time are possible by purchasing the property at such a low cost.


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City

Elche

Neighborhood

La Viña

Antiquity

1971

Property registry number

0474813YH0307C0012LU

Type of property

Coliving

Type of investment

Residential

Square meter

96

Number of rooms

5

Number of bathrooms

2

Manager

Brickstarter

Promoter

Brickstarter

Location

High demand area

A lot of interest in the floor was discovered in the demand study

Near Shopping Malls

Only 5 minutes away from the main shopping centers of Elche.

Easy access

Proximity to the main roads of Elche

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