Espronceda

We are very excited to present you our first investment opportunity in Elche, a fantastic location as we informed you in our blog a few days ago.

As you know, these kinds of properties are in high demand and unfortunately, it is getting harder and harder to get these opportunities that offer high-yield returns. This is why we should move fast before they are all gone. We are negotiating high discounts now that the year-end is coming.

We´ve been searching Elche for the last few months and we are very happy to present you with this opportunity for coliving that we are buying from a bank with a large discount (it took us months to negotiate)

The property is in very good condition, and it has a perfect location and distribution. As mentioned, we must highlight its acquisition price, as one of its essential characteristics, since we are acquiring this property at an average price of 450 euros per square meter. (42% below its market price).

The property has a rectangular shape that will allow us to make the most of it by reforming it to obtain five rooms (all with natural light) and two complete bathrooms. Fantastic location within a 10-minute walk to CEU University, “El Corte Inglés” mall, and two hospitals.

Acquiring the property at such a competitive price will allow us to obtain very high profitability, with a stable and constant flow of income over time.