Mercado Central

Calle San Leandro 15, alicante

Funded

119.936 € (100%)

Total

119.936 €

221 Investors

Under Management

Operation Total:

119.936,47 €

Mortgage:

0,00 €

Total to finance:

119.936,47 €

Internal Rate of Return (IRR):

9,71 %

Gross Rent Return

10,75 %

Net Rent Return

5,11 %

Cash on Cash

6,01 %

Return on Equity (ROE)

5,11 %
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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Mercado Central

Calle San Leandro 15, alicante

Funded

119.936 € (100%)

Total

119.936,47 €

221 Inversores

Under Management

Funded

119.936 € (100%)

Total

119.936,47 €

221 Inversores

Under Management

Operation Total:

119.936,47 €

Mortgage:

0,00 €

Total to finance:

119.936,47 €

Internal Rate of Return (IRR):

9,71 %

Gross Rent Return

10,75 %

Net Rent Return

5,11 %

Cash on Cash

6,01 %

Return on Equity (ROE)

5,11 %
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?

Acquisition price

With a strong discount compared to current market prices

Polivalent

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

Highly demanded

Large apartment with private patio

Information about the apartment

We are back in Alicante with this fantastic opportunity with the lowest price per square meter, so far, for this type of property (25% below the current market price). This studio with a private patio will delight our guests due to its excellent location.

This is the apartment below our previous opportunity “Central Market Attic”, and as we told you we had to “create” this opportunity, as this kind of opportunity does not longer exist in the market. We had to buy the whole building and split it in different properties so we could get a lower price per square meter. By acquiring the entire building, we are also avoiding regulation problems.

This property will also benefit from having the attic upstairs as we will be able to host larger guest groups by combining both apartments and increasing the price per guest.

The apartment has a great location as it is a few meters from the historic center and only a 5-minute walk from Central Market and 2 minutes from the bull ring.

On this occasion, we are adding a lot of value to this property as it is not possible to obtain the vacation rental license in this area unless you own the whole building (which we´ll do). Last, but not least, the regulation makes it possible to build an extra apartment on top of the building. We won´t be doing this, but this possibility adds a lot of value for the future and will let us sell the whole building at a higher price.

Performance of similar apartments

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

Worse Location

Revenues (aprox): 16186 €

Worse Location

Revenues (aprox): 11243 €

City

Alicante

Neighborhood

San Antón

Property registry number

9880106YH1498B0001QF

Type of property

Vacation Rental Property

Type of investment

Vacation Rental Property

Square meter

70

Number of rooms

1

Number of bathrooms

1

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

Postiguet Beach

within walking distance

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