New successful closure of the Castellón 1 project with high profitability

Reental has successfully completed its tokenized project Castellon 1, located in Castellón de la Plana, on Peñagolosa street number 14, 1st 4. This project, operated under the room rental model, achieved excellent performance, exceeding initial projections and ensuring constant occupancy.

The challenge

Castellon 1 was in a location with high demand for room rentals. However, at the beginning of the project, the property required improvements to offer a complete service that would guarantee tenant satisfaction and, in turn, generate sustainable returns. The opportunity was clear, take advantage of the strategic location to attract tenants with all the amenities included.

Our Solution

Reental's strategy was to transform Castellon 1 in a comfortable and functional space, ensuring that each room was equipped with everything needed for a carefree stay. Services such as high-speed WIFI, electricity, water and weekly cleaning of common areas were included, ensuring constant occupancy.

• The interiors of the rooms were improved to meet the quality standards expected by the tenants.
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• A rental per room model was implemented, including all services, which attracted a large segment of residents.
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• Priority was given to optimizing expenses, ensuring consistent returns for investors.

This model quickly attracted tenants, ensuring high demand and total occupancy throughout the project.

Outstanding results

• An annual return was estimated at 11.07%, but we achieved an annual return of 11.75%.
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• Total profitability reached 31.95% in almost 3 years.
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• We maintained full occupancy for the entire duration of the project, generating consistent and predictable income for investors.

Would you like to be part of profitable real estate projects like Castellón 1? Contact us and find out how you can maximize your investments with Reental!