Blog Post

Reental closes Gandía 2 with a return of 29.56%

Andrés Glennen
Andrés Glennen
October 30, 2024
Success stories

Reental has successfully completed the project Gandia 2, located in the Calle Cantante Merce Meló 6, 3rd floor, Gate 5 in Gandia, Valencia. This 106 m² single-family property, with 3 bedrooms, living room, kitchen and 2 bathrooms, was used for rent due to its attractive quality/price ratio, ideal for families and with high demand due to its excellent location near Paseo de los Germanies and Gandia beach.

The challenge

The property Gandia 2 is located in an area with high demand for family rentals, thanks to its proximity to commercial, sports and educational areas, as well as to the beach. However, to maximize its appeal, it was necessary to condition the space and ensure that it met the tenants' expectations of comfort and accessibility. The location and easy access to the beach and downtown Gandia represented a key opportunity to offer a competitive and attractive rental.

Our Solution

Reental made several improvements to Gandia 2 to optimize their habitability and attract tenants looking for a well-located and spacious family home. Key actions included:

  • Complete conditioning of the house, adapting spaces for a comfortable and functional experience.
  • Comprehensive rental management which included all necessary services, such as supplies, maintenance and cleaning of common areas, ensuring a quality experience.
  • Strategic location, just 10 minutes from Paseo de los Germanies and with easy access to Gandia beach, which attracted high demand and guaranteed stable occupancy.

Outstanding results

  • A total return was estimated at 27.22%, finally achieving a performance of 29.56%.
  • The annual return achieved was 9.38% over a period of 2 years.
  • The quality of the property and its excellent location maintained constant occupancy, generating stable income for investors.

Would you like to invest in profitable real estate projects such as Gandia 2? Contact us and discover how Reental can help you maximize your investments in the real estate market!

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