Perez Medina 31, alicante
Funded
Total
214 Inversores
Under Management
Funded
Total
214 Inversores
Under Management
Operation Total:
Mortgage:
Total to finance:
Internal Rate of Return (IRR):
Gross Rent Return
Net Rent Return
Cash on Cash
Return on Equity (ROE)
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.
If you invest:
The minimum investment amount is {{ limiteInversion }} €
You earn:
In total for the {{ rentabilidadAcumulada }}% Accumulated Net Profit.
Estimated IRR of 10.87%.
It can quickly adapt to both vacation rentals and coliving.
Due to its high occupancy, the estimated monthly yield is 5.15%.
This week at Brickstarter we are delighted to present the second opportunity for the Benalúa building. This second opportunity corresponds to one of the two properties located on the second floor of the building that we will obtain after the renovation, as mentioned in our blog and in our first opportunity launched last week.
This 80-square-meter apartment will have the same layout as the Pérez Medina 1A apartment. It will consist of 3 bedrooms, 1 bathroom, and a kitchen, with the possibility of accommodating up to 3 co-living tenants or 6 vacation rental guests. After the renovation, we will proceed with the horizontal division and the application for the tourist license as mentioned in our blog post about the Benalúa building project.
We are going to carry out a series of improvements on this property with the aim of increasing its value. These include, in addition to the aforementioned horizontal division and obtaining a license for vacation rental, a renovation to update the facilities, and an expansion of its built surface, which will decrease the price per square meter of land, resulting in an increase in the price per square meter.
Like the Pérez Medina 1A apartment, we obtained this apartment at an unbeatable price of 660 euros per square meter (around 65% below market price). Considering its strategic location just a few minutes from the old town of Alicante, where there is high demand for both co-living and vacation apartments, this opportunity becomes an excellent investment with high profitability and great potential for appreciation.
Thanks to our extensive experience in the city of Alicante, where we have several operational projects in both co-living and vacation rentals, we can estimate project profitability of over 10% (IRR). Having a solid established infrastructure, we have many management facilities for this opportunity, which allows us to estimate this profitability.
Alicante is a great tourist center that attracts many travelers and workers, making it one of the cities that are generating the most profitability for us with the projects we have in this magnificent coastal city. Don't miss this opportunity to invest in Alicante!
Profitable properties, similar to this one that are generating profits to their investors
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Worse conditions
Rented for 395 eur per month
Similar apartment
City
Alicante
Neighborhood
Benalúa
Antiquity
1960
Property registry number
8857217YH1436 H0001Y
Type of property
Coliving
Type of investment
Residential
Square meter
80
Number of rooms
3
Number of bathrooms
1
Manager
Brickstarter
Promoter
Brickstarter
Close to major attractions and shopping centers.
It is located less than a 15-minute walk from the center of Alicante.
One of the most referenced areas in Alicante.
Soon you will receive an email to confirm your Brickstarter account.
We hope to see you soon!