Ribelles Comín - Estudio A

We are extremely pleased to share with you the first opportunity of our most recent investment project. As we mentioned in our blog, this is a unique opportunity that combines key elements such as innovation, strategy, and high added value.

The project will focus on the comprehensive transformation of a space originally intended for commercial use, turning it into a development that will create 4 independent studios. Each of these studios will be designed to provide all the comforts of a conventional home, including a bedroom, bathroom, fully equipped kitchen, and all necessary appliances to ensure functionality and comfort.

This opportunity arises as a result of a strategic acquisition through a banking process, allowing us to acquire the property at an extremely competitive price of just €550/m², a figure that contrasts significantly with the average of €1,790/m² in the same area. This is an example of how we identify, evaluate, and execute exceptional opportunities that combine low entry costs with high appreciation potential. 

The total cost of this project amounts to €72,252, which includes both the expenses associated with the apartment’s renovation and the purchase of the necessary appliances for its full furnishing. A 20% appreciation of the property is projected once the project is completed, with the benefit being distributed proportionally among investors, ensuring equitable participation in the generated profits. Furthermore, an estimated Internal Rate of Return (IRR) of 10.35% emphasizes the financial strength and appeal of this opportunity. 

Additionally, the property is strategically located, situated in a central area just minutes away on foot from various shopping centers, supermarkets, and restaurants. The property’s location also simplifies daily tasks thanks to its connection to major transportation routes, ensuring excellent accessibility to the rest of the city.

Main attractions include:

• Supermercado Dia: 2 minutes (170 meters)
• Farmacia Domingo S.C.P: 3 minutes (200 meters)
• Gym: 5 minutes (400 meters)
• Supermercado Mercadona: 7 minutes (550 meters)
• Pavelló Poliesportiu Ciutat de Castelló: 11 minutes (750 meters)
• Centre Comercial La Salera: 18 minutes (1200 meters)
• Estepark Shopping Centre: 19 minutes (1400 meters)

In line with our focus on added value, we are committed to maintaining high standards at every stage of this project, from planning to completion. We analyze every detail to maximize the property’s potential and ensure meticulous execution. The growing demand for this type of space also predicts high occupancy and acceptance in the market, translating into attractive and sustainable returns for investors.