Local construction partner: Mirano Inmobiliaria SAC of Lima, Peru.
Valencia, Spain:
A residence for international students is currently under construction in Valencia, Spain.
A 4-story building has already been purchased, located in the heart of El Cabañal in Valencia: a very international neighborhood, situated between the sea, the city center, and the universities.
Construction area: 782 m2. 15 apartments. 33 student beds.
Capital required: Approx. €1.1M (Closing date: April 2019)
Projected profit: 31% (option B: up to 70%, residence operation and sale of running business)
Payback: 1.5 years (option B: 3 years, residence operation and sale)
Management: Metainvest and Bricka Real Estate.
Joint venture agreement with investors
El Cabañal neighborhood (El Cabanyal)
Old fishing district. Very picturesque.
Strategically located between the city center, universities, and the beach.
Special Plan for Cabanyal-Canyamelar and its Surrounding Area (PEC) (2018). Urban planner Gerardo Roger Fernandez.
Location of the El Cabañal neighborhood in Valencia, Spain.
The architecture of the streets and houses is very picturesque and pleasant.
The Concept
This is an innovative project that combines new international trends in student residences with the charm of Valencia’s maritime town.
The concept includes apartments in different sizes (1, 2, and 4 bedrooms) fully equipped with a kitchen, comfortable beds, closets, study areas, and private bathrooms.
Co-living: Residents will also enjoy common study and leisure areas, a laundry room, terraces, and many additional services that will make this residence even more attractive and desirable, especially for international students.
Built area: 770 m2 + terrace
Local construction partner: Inversiones Long Trust Madrid, Spain.
LONG TRUST S.L. (trade name: METAINVEST), General Manager: Mr. Carlos Sanz Gomez.
Construction company with years of experience in the Spanish market.
Founded in 2013.