The Bonifacio Ferrer 9 Building is a turnkey Build to Rent development designed for a foreign investor. Located in Patraix, Valencia, it consists of seven two-bedroom apartments, optimized to provide spacious and functional living areas. Each unit features private terraces, open-plan kitchens integrated into the living-dining area, and an efficient layout that maximizes natural light.
The ground floor includes communal spaces such as a laundry room and bicycle parking, promoting sustainable mobility. With a modern and efficient design, this project offers an attractive option for tenants seeking tranquility, comfort, and excellent connections to the city center and AVE high-speed train.
Project description
Type
Greenfield
Dwellings
7
Ground floor
no
m2 Dwellings
801
m2 Ground floor
0
Total Usable Area
801
Constructed Areas
m2 Dwellings
801
Total Constructed Area
Project Data
Equity
100%
Debt
0%
Total Cost
2.032.596€
Total Cost Euro/m2
2.500€/m2
Project Start Date
FEB 2025
Construction End Date
TBA
Rental Management Date
TBA
Construction Months
12
Project Management Results
Estimated Gross Rental Income 2026
126.000€
Estimated Net Rental Income 2026
90.000€
Estimated Cash Flow 2026
TBA
Estimated Occupancy 2026
93%
Rental Price/m2 per month
12€/m2
Cash on Cash Gross
TBA%
Cash on Cash Net
TBA
Gross ROI
8%
Net ROI
5,7%
Energy Efficiency
Energy Certificate
A
Green Building
4 leafs
