Ribelles Comíns - Estudio D

We present a new investment opportunity, the last opportunity of the Ribelles Comíns Project, based on our "flipping" model, which allows for greater capital rotation and offers our investors the possibility of obtaining attractive returns in a shorter period of time.

You can read more about our flipping model here, and find a summary of what the Ribelles Comíns Project here.

The entire project consists of the complete transformation of a commercial space into four independent studios, each designed to offer all the comforts of a regular home. We will add value to the project through renovation, change of use, and horizontal division. As usual, we will furnish the property and offer a turnkey product for the final investor.

These studios represent an attractive investment opportunity for those looking to acquire a turnkey property ready to generate income. This is a real estate product with high demand and limited supply: renovated homes, ideal for two tenants, located in prime areas, and with competitive prices that make them accessible to a wide range of investors.

Why invest in converting commercial spaces into residential units?

The conversion of commercial premises into residential units represents an investment strategy with great profitability potential, especially in today’s real estate market. This model allows us to take advantage of key trends such as urban growth and increasing demand for affordable housing.

• Competitive Market Price

The selling price of €96,796.88, after renovations and including furniture, remains below the market values of the area. This results in a price per square meter that is 15.34% lower than the price per square meter of similar properties currently on the market. This provides a competitive advantage over similar properties and increases the likelihood of achieving a quick sale or a high occupancy rate in case of rental.

• Exceptionally High IRR

The combination of a reduced target price and the income-generating potential after renovations allows us to project an IRR of 11.36%. This means that significant returns can be expected both in cash flows and in asset appreciation.

• Higher Market Appreciation

In urban areas, studios tend to appreciate more due to their high demand and the trend among developers to prioritize the construction of more compact and affordable units. This ensures a solid return not only through rental income but also in long-term asset value, with an estimated appreciation of 15% that could be exceeded at the time of sale.

• Higher Total Income per Square Meter

Studios, although smaller, tend to generate proportionally higher income per square meter than multi-bedroom apartments. This is because each studio is rented as a complete unit, allowing for revenue maximization by dividing a space into multiple independent units rather than renting out rooms under a single contract. It is estimated that each studio will generate an annual rental income of €9,000.

• Appealing to Various Profiles

Studios attract a diverse audience, from students to remote workers, expatriates, and young couples. This diversity of target customers ensures constant demand, even in times of economic uncertainty, as these units tend to be more affordable in terms of price.

Investing in these studio apartments is a strategic decision due to their high demand, competitive rental income per square meter, and ease of management. Additionally, they offer flexibility and appeal to a broad range of tenants, making them an ideal option for maximizing profits in the real estate market.