Studios Benalúa 4A

Perez Medina 31, Alicante

Funded

110.258 € (100%)

Total

110.258 €

145 Investors

Under Management

Operation Total:

110.257,57 €

Mortgage:

0,00 €

Total to finance:

110.257,57 €

Internal Rate of Return (IRR):

11,00 %

Gross Rent Return

10,88 %

Net Rent Return

5,37 %

Cash on Cash

7,16 %

Return on Equity (ROE)

5,37 %
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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Studios Benalúa 4A

Perez Medina 31, Alicante

Funded

110.258 € (100%)

Total

110.257,57 €

145 Inversores

Under Management

Funded

110.258 € (100%)

Total

110.257,57 €

145 Inversores

Under Management

Operation Total:

110.257,57 €

Mortgage:

0,00 €

Total to finance:

110.257,57 €

Internal Rate of Return (IRR):

11,00 %

Gross Rent Return

10,88 %

Net Rent Return

5,37 %

Cash on Cash

7,16 %

Return on Equity (ROE)

5,37 %
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
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Actualizaciones
Project summary

Why invest in this apartment?

Very high profitability

Estimated IRR of 11%.

Stability and security

Real estate investments in Alicante are considered to be safe and stable.

Capital gain potential

For its privileged location and attractive purchase price

Information about the apartment

We are pleased to communicate this new investment opportunity. This new opportunity is located on the fourth floor of the Benalua building, corresponding to the first apartment of the floor consisting of two studios.

Investing in the Benalua Building presents a multitude of benefits and advantages. First of all, the promising potential return on investment due to the privileged location of the building and the high demand for quality housing in the area.

Another advantage and one of the key points of this opportunity is the unbeatable acquisition price. The cost per square meter is 65% lower than the average in the area, offering a potentially high return on investment. In addition, the high rental demand is attributed to the convenience and affordability of the studio apartments.

The vibrant neighborhood and proximity to key amenities make this project an attractive option for prospective tenants, ensuring a stable rental income. In addition, the convenient location of the Benalúa building offers residents easy access to a wide range of amenities, such as schools, hospitals and recreational facilities. This not only improves the quality of life for residents, but also increases the building's long-term value.

Studios Benalúa 4A apartments stand out for their high-quality finishes and contemporary design, making them attractive to those seeking affordable housing without compromising on aesthetics and quality. Flexibility and adaptability for long term and vacation rentals are also outstanding features of this project. However, the highlight is its proximity to Alicante's old town, a renowned tourist area that is only a 10-minute walk away. This privileged location guarantees a high demand from both professionals and tourists looking for vacation rentals.

The main reasons to invest in this opportunity are:

  1. Price: We have obtained an unbeatable price for the property, with a cost per square meter approximately 65% lower than the average value per square meter for apartments in the area. As a result, we will have the flexibility to sell quickly at a higher price in the future.
  2. High Rental Demand: Studio apartments are in high demand by young professionals, students, and couples looking for a convenient and affordable living solution.  This high demand ensures a steady occupancy rate and a stable source of rental income.
  3. Condition: High-quality finishes, contemporary designs, and efficient space distribution. This makes them an attractive option for those looking for affordable housing.
  4. Flexibility and Adaptability: The compact nature of studio apartments allows for versatile use. These spaces can be adapted for both long-term and vacation rentals, expanding income-generating opportunities and adapting to changing market needs.
  5. Versatility: By owning the entire building, we can obtain a tourist apartment license, which will allow us to exploit it for long-term rentals or vacation rentals. Being in a very central location, this project will become a continuous source of income.
  6. Potential: The characteristics of this property and, above all, its acquisition price mean that it has a great potential to be revalued and generate constant and continuous income. The property is in a highly demanded and valuable location.
  7. Location: Very strategically located, just a few minutes walk from the main attractions of the city:
  • Mercadona: 3 minutes (230 meters).
  • Spar Supermarket: 4 minutes (300 meters)
  • Mas y mas supermarket: 5 minutes (500 meters)
  • El Corte Inglés: 10 minutes (750 meters)
  • Train station and AVE (high-speed train): 10 minutes (750 meters)
  • Bus station: 10 minutes (750 meters)
  • Arniches Theater: 7 minutes (600 meters)
  • Alicante downtown: 15 minutes (1000 meters)
  • Alicante Central Market: 20 minutes (1500 meters)
  • Alicante promenade: 15 minutes (1000 meters)
  • Alicante Mediterranean Casino: 24 minutes (2000 meters)
  • Postiguet Beach: 30 minutes (2300 meters)


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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

2

Number of bathrooms

2

Manager

Brickstarter

Promoter

Brickstarter

Location

Tourism and demand

Alicante is a major tourist destination, which ensures a high demand for vacation rentals and a steady occupancy of properties.

Infrastructure and services

The city has excellent infrastructure and a wide range of services, such as public transportation, hospitals, schools and shopping centers, making it an attractive place to live.

Connectivity

Alicante has an international airport and efficient transport connections that facilitate access and mobility in and out of the city.

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Incidencias

Dear Investors

We would like to inform you of an incident that occurred recently in the interest distribution process of the property Estudios Benalúa 4A. In the last payment corresponding to the month of November 2024, a duplicate deposit of the interest in your account was made by mistake.

Given that the volume of investors and transactions associated with this project makes a reversal process complex, we have decided to apply the amount of this additional payment as an advance payment to cover next month's interest. This solution allows us to maintain the normal flow of transactions, ensuring that everything continues to run efficiently.

We thank you for your understanding as we work to ensure accuracy in future transactions.

Do you have doubts?

We will be happy to help you