Ático Mercado Central

Calle San Leandro 15, alicante

Funded

169.233 € (100%)

Total

169.233 €

191 Investors

Under Management

Operation Total:

169.232,76 €

Mortgage:

0,00 €

Total to finance:

169.232,76 €

Internal Rate of Return (IRR):

9,48 %

Gross Rent Return

9,79 %

Net Rent Return

4,99 %

Cash on Cash

5,87 %

Return on Equity (ROE)

4,99 %
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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Ático Mercado Central

Calle San Leandro 15, alicante

Funded

169.233 € (100%)

Total

169.232,76 €

191 Inversores

Under Management

Funded

169.233 € (100%)

Total

169.232,76 €

191 Inversores

Under Management

Operation Total:

169.232,76 €

Mortgage:

0,00 €

Total to finance:

169.232,76 €

Internal Rate of Return (IRR):

9,48 %

Gross Rent Return

9,79 %

Net Rent Return

4,99 %

Cash on Cash

5,87 %

Return on Equity (ROE)

4,99 %
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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Project summary

Why invest in this apartment?

Acquisition price

With a 23% discount compared to current market prices

Vacational license

by owning the whole building we will get the licenses!

Polivalent

For short-term, mid-term and long-term rentals

Information about the apartment

We were looking forward to coming back to one of our favorite cities, (Alicante) and we are delighted to do it with a fantastic penthouse that our guests will fall in love with.

The real estate market is booming and it is getting very hard to find good opportunities at this price.

We are getting this opportunity at a fantastic price as we are not buying just the penthouse but the whole building. Both apartments will be listed in Brickstarter and buying the whole building will let us get both apartments at a cheaper price in terms of price per square meter. We will also be able to get the vacation rental license as you can only get the license if you own the whole building in this part of the city. Once again, we have scanned the whole market to bring you the best investment opportunity!

Furthermore, having these two apartments in the same building will make it easier to increase our occupancy rate, as we will be able to rent both of them to larger groups that pay a higher rate per person.

This first listing, the penthouse, has some of the most demanded characteristics for both short-term, mid-term, and even long-term rentals. It is a 3 bedroom and 3 bathroom apartment with a large kitchen and a huge terrace. It is a large apartment, with a perfect location, close to downtown, Santa Barbara Castle, the Postiguet beach, Central Market, and the bullring.

It has an astonishing terrace where our guests will enjoy the fantastic Spanish weather, with a glass of wine and even a nice barbecue.

Performance of similar apartments

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

No terrace

Revenues (aprox): 17398 €

No terrace

Revenues (aprox): 26317 €

City

Alicante

Neighborhood

San Antón

Antiquity

2015

Property registry number

9880106YH1498B0001QF

Type of property

Vacation Rental Property

Type of investment

Vacation Rental Property

Square meter

128

Number of rooms

3

Number of bathrooms

3

Manager

Brickstarter

Promoter

Brickstarter

Location

Historical Center

8 minute walk to main point of interest and bars

Central Market

just a 5 minute walk to Central Market and Bull Ring

Vacational rental license

Adding value to the property

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