Reental successfully closes Castellón 2 with high profitability

Reental has successfully completed the real estate project Castellon 2, located at Calle Peñagolosa N.14, P.2, Po.6, Castellón de la Plana. This property, also operated under the room rental model, has exceeded expectations in terms of profitability and occupancy.

The challenge

Castellon 2 presented itself as a promising opportunity in an area of high demand. However, just as in Castellon 1, the property needed to be adapted to meet modern room rental standards, ensuring a comfortable experience for tenants and profitability for investors. The key to success lay in taking advantage of the high demand in the area and offering a stay with all services included.

Our Solution

Reental implemented a strategy to renovate and optimize the property, providing a complete service that included:

• High-speed WIFI and essential services covered.
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• Rental of fully equipped rooms, with services included such as water, electricity and weekly cleaning.

This approach made it possible to attract tenants quickly, ensuring constant occupancy during the project.

Outstanding results

• Castellon 2 achieved an annual return of 11.56%, exceeding the initial estimate of 11.15%.
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• The total profitability of the project reached 20.23% in almost 2 years.
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• The property maintained full occupancy, ensuring a steady flow of income for investors.

Are you interested in investing in profitable real estate projects such as Castellon 2? Contact us and find out how you can take advantage of the opportunities offered by Reental to maximize your investments!