Estudios Calle Valencia

Calle Valencia 48, Alicante

Funded

178.274 € (100%)

Total

178.274 €

388 Investors

Renovation works

Operation Total:

178.273,83 €

Mortgage:

0,00 €

Total to finance:

178.273,83 €

Internal Rate of Return (IRR):

11,29 %

Gross Rent Return

10,77 %

Net Rent Return

5,64 %

Cash on Cash

7,52 %

Return on Equity (ROE)

5,64 %
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

Estudios Calle Valencia

Calle Valencia 48, Alicante

Funded

178.274 € (100%)

Total

178.273,83 €

388 Inversores

Renovation works

Funded

178.274 € (100%)

Total

178.273,83 €

388 Inversores

Renovation works

Operation Total:

178.273,83 €

Mortgage:

0,00 €

Total to finance:

178.273,83 €

Internal Rate of Return (IRR):

11,29 %

Gross Rent Return

10,77 %

Net Rent Return

5,64 %

Cash on Cash

7,52 %

Return on Equity (ROE)

5,64 %
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?

Very high profitability

Estimated IRR of 11.29%.

Strong discount on purchase price

Acquired 38% below market price

We will obtain 2 independent studios

The strategy of dividing the large apartment into two units maximizes the value and profitability for our investors.

Information about the apartment

Brickstarter is pleased to present a new and exciting investment opportunity. This is a spacious apartment that promises to bring significant value to our investors, located in Campoamor in Alicante, an area we are already familiar with and in which we have been very successful. 

This spacious apartment will be strategically divided into two apartments, one with two bedrooms, a bathroom and a fully equipped kitchen, and the other one similar but with only one bedroom. This decision to create two independent units, larger than conventional studios, reflects our commitment to differentiation and adaptation to the growing demands of an increasingly changing and demanding market.

In view of the growing offer of apartments by rooms, we prefer to continue with our differentiation strategy and promote individual apartments that are much more in demand. Although the profitability will be similar (higher income, but also higher investment), we will guarantee a higher occupancy rate. The strategy of dividing the large apartment into two larger units than conventional studios not only maximizes value but also responds to the growing demand for flexible and well-designed housing.

The price per square meter of this property is remarkably economical, (40% below market price) and comparable to other opportunities we acquired 2 years ago which are giving us such good results. This will allow us to offer the property at a very competitive sale price, once refurbished and furnished, and in line with the market.

Each studio will have at least 55m², providing a comfortable and attractive living space for future tenants. It should be noted that the condition of the apartment is very good, which means that no significant refurbishment will be required. This adds an element of convenience and ensures that the property will be ready to generate income in a short period.

The main reasons to invest in this opportunity are:

  1. Price: Acquired at an average of 950 euros per square meter, 38% below its market price.
  2. Condition: It is in good condition, so it does not need a major renovation, despite getting 2 separate apartments.
  3. Typology: It will have 2 large apartments with lots of natural light.
  4. No legislative risk: We do not depend on administrative licenses.
  5. Potential: By acquiring it at such a low price and having so many rooms, this type of investment can achieve returns of more than 10%. However, in our business plan we have contemplated a moderate price to ensure occupancy. 
  6. Location: Very close to the center, in Carolinas Bajas, an area we know very well. It is a residential neighborhood with all kinds of stores, services and leisure areas, among the main attractions are:
  • Library: 1 minute (70 meters)
  • Supermarket: 2 minutes (140 meters)
  • Auditorium: 4 minutes (280 meters)
  • CEIP Campoamor: 5 minutes (400 meters)
  • Plaza San Juan de Dios: 6 minutes (450 meters)
  • Historic Center: 10 minutes (800 meters)
  • Tossal Park: 12 minutes (900 meters)
  • Alicante Archaeological Museum: 12 minutes (900 meters)
  • F.C. Hercules Stadium: 13 minutes (900 meters)
  • Postiguet Beach: 15 minutes (1300 meters)

Performance of similar apartments

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

Similar property

For rent for 780 euros per month.

Similar property

For rent for 830 euros per month.

City

Alicante

Neighborhood

CAMPOAMOR

Antiquity

1970

Property registry number

0082318YH2408C0006YR

Type of property

Coliving

Type of investment

Residential

Square meter

125

Number of rooms

4

Number of bathrooms

2

Manager

Brickstarter

Promoter

Brickstarter

Location

The residential neighborhood closest to the center and the beach.

And that we know perfectly well, with proven profitability

Good public transport connections

To the university.

Residential neighborhood with its own services

2 hospitals, free parking, shopping center, etc...

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.

Soon we will have documentation about the property

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