Perez Medina 1B

Perez Medina 31, alicante

Funded

106.908 € (100%)

Total

106.908 €

231 Investors

Under Management

Operation Total:

106.908,39 €

Mortgage:

0,00 €

Total to finance:

106.908,39 €

Internal Rate of Return (IRR):

10,90 %

Gross Rent Return

10,78 %

Net Rent Return

5,25 %

Cash on Cash

7,00 %

Return on Equity (ROE)

5,25 %
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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Perez Medina 1B

Perez Medina 31, alicante

Funded

106.908 € (100%)

Total

106.908,39 €

231 Inversores

Under Management

Funded

106.908 € (100%)

Total

106.908,39 €

231 Inversores

Under Management

Operation Total:

106.908,39 €

Mortgage:

0,00 €

Total to finance:

106.908,39 €

Internal Rate of Return (IRR):

10,90 %

Gross Rent Return

10,78 %

Net Rent Return

5,25 %

Cash on Cash

7,00 %

Return on Equity (ROE)

5,25 %
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?

Very high yields

Estimated IRR of 10.90%.

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 5.25%.

Information about the apartment

This week, at Brickstarter, we are excited to present the latest opportunity in the Benalúa building. Previously, we have presented the Pérez Medina 1A, Pérez Medina 2A, and Pérez Medina 2B apartments, and now we are pleased to introduce apartment 1B. This is the fourth opportunity available for this project, and it is located on the ground floor, just like the previous opportunity we presented in early March. We pride ourselves on offering you the best options for your investment needs.

As you already know, the first floor was divided into 2 apartments of 80 square meters. After the renovation, this apartment, like the Pérez Medina 1A apartment, will have 3 bedrooms, 1 bathroom, and a kitchen, which will allow us to accommodate 3 co-living tenants or up to 6 vacation guests. As in the projects mentioned in recent weeks, we will proceed with a horizontal division and the necessary procedures to obtain a tourist license for this project.

The excellent location of the Benalúa building, just a few minutes from the historic center of Alicante where there is a high demand for tourist apartments and shared flats, makes this project an exceptional investment opportunity.

Alicante is an important tourist city that receives many visitors and professionals, making it one of the most profitable areas for our projects in this beautiful coastal city.

Take advantage of this opportunity to achieve excellent profitability in the city of Alicante!

Performance of similar apartments

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

Rented for 340 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.

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