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Multi-Unit Conversion – Gandia
- Acquisition: €105,000 (bank repossession with okupas)
- Renovation: €91,960
- Stabilized Value: €272,000
- Equity Created: €75,040 (38% of capital invested)
- Timeline: 14 months from acquisition to stabilized rental
- Cash-on-Cash Return: 12.4%
- Stabilized Monthly Rent: €2,400
- Annual Gross Rent: €28,800
- Acquisition: €68,000 (inheritance dispute, 18-month legal resolution)
- Renovation: €74,200
- Stabilized Value: €175,000
- Equity Created: €32,800 (23% of capital invested)
- Timeline: 11 months from closing to tenant placement
- Monthly Rent: €750
- Annual Gross Rent: €9,000

Valencia Region



