Reental closes Málaga 1 with a return of 15.05%

Reental has successfully completed the project Malaga 1, located in the C/ Obispo Bartolomé Espejo, 19, 5º D, in Malaga, one of the most emerging technological cities in Spain. This 3-bedroom house, kitchen, dining room and bathroom, was used for rent by room, attracting tenants thanks to its excellent location close to the historic center, the beach and the “La Rosaleda” stadium.

The challenge

Malaga 1 is located in an area of high demand for rent, close to the historic center, the beach and with easy access to the highway that connects the cities of the Costa del Sol. However, at the beginning of the project, the property required conditioning to adapt to the needs of the tenants, maximizing its attractiveness in the room rental market. The strategic location and the proximity to services and key points of the city offered an ideal opportunity to position it as a highly profitable property.

Our Solution

Reental implemented several improvements in Malaga 1 to optimize your profitability and attract a growing rental market. The main actions were:

• Complete conditioning of the property, creating comfortable and functional rooms that include services such as WIFI, electricity, water and weekly cleaning.
• Rent by room, a modality that meets the needs of tenants in terms of comfort and convenience.
• Strategic location, 20 minutes from the historic center and close to the “La Rosaleda” stadium, which made Málaga 1 an attractive and accessible option for local residents and visitors.

Outstanding results

• An annual return was estimated with the sale of 10.83%, finally achieving a performance of 15.05%.
• The annual return achieved was 39% higher than estimated.
• The privileged location and the amenities offered ensured full occupancy, generating stable income for investors.

Would you like to invest in successful real estate projects such as Malaga 1? Contact us and discover how Reental can help you maximize your investments in the real estate sector!

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