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We are presenting a new opportunity focused on renting rooms or "coliving", a category that is giving us extremely good results.

It is a property located in the Benalúa, a central neighborhood in the city of Alicante. Benalúa is probably the best residential neighborhood in Alicante. It is our first investment here, since our last opportunities were in Campoamor and Carolinas Bajas, areas where the price per square meter is lower.

It has been difficult to find a good opportunity in this part of the city, but we are convinced that this property will work out extraordinarily well.

Once again, we are going to carry out a comprehensive remodeling project on the property to obtain maximum profitability, adding an extra bathroom and additional details.

As we mentioned before, Benalúa is probably the best residential neighborhood in the city of Alicante, located close to the Historic Center and Postiguet Beach, as well as the city's commercial center, in an area surrounded by all types of facilities including schools, parks, supermarkets, and leisure areas.

One of the most special characteristics of the apartment is its purchase price. We acquired it for the low price of €928/m2. It should be noted that, in the area where it is located, the market price exceeds 1,900 euros per m2. Including all the acquisition costs, taxes, the apartment renovation, all the furniture, etc... we are acquiring this property with a 15% market price discount.

Its good layout and condition will allow us to maximize profitability by renting it by rooms. Its 5 bedrooms make it an ideal apartment for "coliving" type rental, highly demanded in this area of Alicante.

Buying the property at such a competitive price will allow us to obtain a very high profit, with a stable income flow and will help the property become independent of seasonal tourism.