Santos Médicos

Calle Santos Médicos 4

Funded

147.180 € (100%)

Total

147.180 €

262 Investors

Sold

Operation Total:

147.179,80 €

Mortgage:

0,00 €

Total to finance:

147.179,80 €

Internal Rate of Return (IRR):

10,05 %

Gross Rent Return

11,20 %

Net Rent Return

4,97 %

Cash on Cash

5,84 %

Return on Equity (ROE)

4,97 %
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.

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Santos Médicos

Calle Santos Médicos 4

Funded

147.180 € (100%)

Total

147.179,80 €

262 Inversores

Sold

Funded

147.180 € (100%)

Total

147.179,80 €

262 Inversores

Sold

Operation Total:

147.179,80 €

Mortgage:

0,00 €

Total to finance:

147.179,80 €

Internal Rate of Return (IRR):

10,05 %

Gross Rent Return

11,20 %

Net Rent Return

4,97 %

Cash on Cash

5,84 %

Return on Equity (ROE)

4,97 %
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.

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Property information
Project summary
Financial information
Documentation
Market study
Project summary

Why invest in this apartment?

Spacious apartment

more than 70 square meters with 2 double bedrooms

Perfect as vacation rental property

We´ll get the vacation rental license adding value to the property

Acquisition price

46% discount over current market place

Information about the apartment

We are very excited to introduce you to our new opportunity in Alicante. After 6 months from our last vacation rental opportunity in Alicante, we´d like to present you, Santos Médicos, our brand new vacation rental property in Alicante.

Due to the high demand, it is hard to find opportunities like this one. We are going to buy this apartment with a large price discount of 46% in terms of price per square meter. This is our cheapest vacation rental property both in absolute and relative price in terms of price per square meter.

This will let us set up a very competitive selling price, so we hope to flip this property in no time.

It is a two-bedroom apartment with a living room, a bathroom and a kitchen, perfect for tourists or even for coliving.

The location of the apartment is key, as it is in the city center, just 150 meters away from the Cathedral.


Performance of similar apartments

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Revenues (aprox): 21310 eur

City

Alicante

Neighborhood

Santa Cruz

Antiquity

1950

Property registry number

0074411YH2407C0004SI

Type of property

Vacation Rental Property

Type of investment

Vacation Rental Property

Square meter

52

Number of rooms

2

Number of bathrooms

1

Manager

Brickstarter

Promoter

Brickstarter

Location

Located in down town

The most demanded district of the city

Best district for vacation rental properties

Perfect for tourist accommodation but also mid-term rentals

Very competitive future selling price

We´ll be able to flip the property in no time.

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