Perez Medina 1A

Perez Medina 31, alicante

Funded

102.522 € (100%)

Total

102.522 €

390 Investors

Under Management

Operation Total:

102.522,36 €

Mortgage:

0,00 €

Total to finance:

102.522,36 €

Internal Rate of Return (IRR):

10,67 %

Gross Rent Return

10,53 %

Net Rent Return

5,03 %

Cash on Cash

6,71 %

Return on Equity (ROE)

5,03 %
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.

Photo gallery

Perez Medina 1A

Perez Medina 31, alicante

Funded

102.522 € (100%)

Total

102.522,36 €

390 Inversores

Under Management

Funded

102.522 € (100%)

Total

102.522,36 €

390 Inversores

Under Management

Operation Total:

102.522,36 €

Mortgage:

0,00 €

Total to finance:

102.522,36 €

Internal Rate of Return (IRR):

10,67 %

Gross Rent Return

10,53 %

Net Rent Return

5,03 %

Cash on Cash

6,71 %

Return on Equity (ROE)

5,03 %
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.

Share:
Property information
Project summary
Financial information
Documentation
Market study
Project summary

Why invest in this apartment?

Very high yields

Estimated IRR of 10.67%.

High versatility

It can quickly adapt to both vacation rentals and coliving.

High monthly returns

Due to its high occupancy, the estimated monthly yield is 5.03%.

Information about the apartment

Welcome to a fantastic investment opportunity in the heart of Alicante. This 80-square-meter apartment is part of the Benalua building, which we recently mentioned in our blog. After the renovation and horizontal division, we are going to carry out in the building, it will become a 3-bedroom apartment with one bathroom and an American-style kitchen-living room, which offers the possibility of accommodating up to 3 co-living tenants or 6 guests in vacation rentals.

We are going to make a series of improvements to this property with the aim of increasing its value. These include a renovation to update the facilities, horizontal division, obtaining a license for vacation rental, and expanding its built area, which will decrease the price per square meter of the land.

The location close to the old town of Alicante will generate high demand for rooms, making this investment an attractive and profitable opportunity. With an unbeatable price of just under 660 euros per square meter (around 65% below market price), low legislative risk, and a strategic location. This investment has great potential for appreciation and generating constant income.

With this project, we will achieve a return on investment of over 10% (IRR), which we can estimate thanks to our experience in the city of Alicante. As you know, we have five co-living projects that are generating constant income, as well as many vacation rental apartment projects. In the city of Alicante, we have a well-established infrastructure that facilitates the management of this project. Therefore, we are confident that this project is one of the best we have had to date in the city of Alicante.

Don't miss this investment opportunity in Alicante! Alicante is one of the cities that is generating the most return on investment for us through co-living and vacation rentals.


Performance of similar apartments

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

Rented for 425 eur per month

Worse conditions

Rented for 395 eur per month

Similar apartment

City

Alicante

Neighborhood

Benalúa

Antiquity

1960

Property registry number

8857217YH1436 H0001Y

Type of property

Coliving

Type of investment

Residential

Square meter

80

Number of rooms

3

Number of bathrooms

1

Manager

Brickstarter

Promoter

Brickstarter

Location

Attractions, supermarkets and shopping centers

Close to major attractions and shopping centers.

Proximity to the historic center

It is located less than a 15-minute walk from the center of Alicante.

Next to the seafront promenade of Alicante

One of the most referenced areas in Alicante.

This content is only available to registered users

Sign up for free and get full access of each property before investing

Log in

o

Register

This content is only available to registered users

Sign up for free and get full access of each property before investing

Log in

o

Register

This is the basic documentation. If you want to see all the information of the property Sign up or log in.

This content is only available to registered users

Sign up for free and get full access of each property before investing

Log in

o

Register

Do you have doubts?

We will be happy to help you