Reental closes Sevilla 3 with a return of 31.49%

Reental has successfully completed the project Seville 3, located in the Esturión Street 34, in the neighborhood of San Jerónimo, Seville. This 53 m² single-family property, with 2 bedrooms, living room, kitchen and bathroom, has been used for rent, attracting tenants thanks to its excellent quality/price ratio and its strategic location near the Alamillo Park.

The challenge

Seville 3 It is located in a familiar and well-connected neighborhood, with a high demand for rent due to the expansion of Seville to peripheral areas. However, at the start of the project, the property needed a set-up to meet the demands of the tenants and ensure constant occupancy. The proximity to the park and the good connections to public transport made this property an attractive option, presenting an excellent opportunity to offer an affordable rental alternative.

Our Solution

Reental implemented a series of improvements in Seville 3 to optimize property performance and attract tenants looking for a well-connected and accessible location. Key actions included:

• Conditioning and improvement of spaces, ensuring a comfortable and pleasant stay for tenants.
• Complete rental management which included supplies, maintenance, and necessary services, which facilitated stable and constant occupancy.
• Strategic location in a family neighborhood with access to shopping areas, sports areas and the Alamillo Park, one of the green lungs of Seville, which increased its attractiveness.

Outstanding results

• A total return was estimated at 26%, and a performance of the 31.49%.
• The annual return achieved a 12.96% over a period of almost 3 years.
• The quality of the property and its good location ensured constant occupancy and stable income generation for investors.

Do you want to invest in profitable real estate projects such as Seville 3? Contact us and discover how Reental can help you maximize your investments!

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