Opportunity under review
Buy, refurbish and sell in a Prime Area of Almería
Acquisition of a building below market, full refurbishment and sale of 15 finished homes in a prime area of central Almería — scarce supply and rising prices.
- 15 homes
- Product after refurbishment
- 12–18 months
- Operation horizon
- ~17%
- Target investor return
- 24.3%
- Project ROI (base)
The asset, the area and the play
- Location
- Prime Area, central Almería (exact under NDA)
- Strategy
- Buy · Refurbish · Sell (CRV)
- The asset
- Building to refurbish · ~1,400 m² buildable
- Product
- 15 units (homes, studio and retail unit)
- Entry cost
- €966/m² (vs. ~€2,193/m² area avg.)
- Target sale price
- €2,635/m² avg · €3.32M
- Total project cost
- €2.67M
A prime area of central Almería: an established neighborhood with all services within walking distance, steady demand for primary homes and a structural shortage of refurbished product. Entry well below market on a building to refurbish. We share the exact location and the full sales pack after signing the NDA.
Terms for the investor
- Target capital
- €1.45M
- Preferred return
- 12%
- Additional return
- +5%
- Total target return
- ~17%
- Horizon
- 12–18 months
- Seniority
- Senior to the developer's profit
We model a conservative, base and optimistic scenario.
The developer absorbs the first loss: the investor's return holds until a ~20% drop in the sale price. No return is guaranteed.
Conservative (−10%)
7.8%
Project margin
Prices at the lower end of the range. The investor keeps their 17% secured.
Base
19.8%
Project margin
Absorption and prices in line with the current market. Investor: 17% secured.
Optimistic (+5%)
25.8%
Project margin
Fast sales and prices at the upper end. Investor: 17% + upside.
How to enter the operation
Sign the NDA and access the dossier
We give you access to the full sales pack with the exact location and all documentation.
Due diligence and structure
We review the technical, legal and planning due diligence and you choose your entry structure.
Formalize and invest
Incorporation of the vehicle company, signing and capital transfer. We execute.
Want to see the full operation?
Spots are limited. Sign the NDA and access the dossier with the exact location, the business plan and the investor terms.
Informational and confidential document. It does not constitute an offer, recommendation or investment advice. Projections and figures are estimates based on assumptions that may not hold; actual results may differ. Real estate investment carries risks, including the possible loss of capital. Market data: idealista, Tinsa (IMIE), Grupo ST (2026).