1. Initial challenge
In May 2021, the real estate market in Seville showed a clear trend: the shift of demand to consolidated peripheral neighborhoods in search of a better quality/price ratio. The neighborhood of San Jeronimo, a working-class and family residential area, presented a strategic opportunity because of its excellent connection to the city's green lung, the Alamillo Park, and the Guadalquivir river promenade.
Reental decided to bet on the project “Seville 2" with the objective of acquiring a property below the market price, renovating it in a record time of one month and exploiting it under a model of controlled risk and high demand for rent.
2. Returns: Estimated vs. Royal
The project was launched with solid financial projections, designed to offer attractive returns over a time horizon of approximately 24 months.
The following is the comparison of the estimated total return In front of the real total profitability, in a period in this case of two years and four months:
- Reental Status:
- Estimated Total Profitability: 26.02%.
- Total Real Profitability: 33.03%.
- ReentelPro status:
- Estimated Total Profitability: 26.02%.
- Total Real Profitability: 33.03%.
- SuperReentel status:
- Estimated Total Profitability: 26.02%.
- Total Real Profitability: 33.03%.
3. Project: Asset Details
The asset Seville 2 consists of a single-family house located in the Esturión Street 2, in the heart of the San Jerónimo neighborhood, Seville.
- Surface: 50 m².
- Distribution: 2 bedrooms, living room, kitchen and 1 bathroom.
- Use: Residential.
- Highlights: Privileged location at the foot of the Alamillo Park, surrounded by basic services (supermarkets, sports areas) and with immediate access to the Guadalquivir river promenade.
4. Outcome: Successful Liquidation
The Sevilla 2 project is currently in status “CLOSED”, having successfully completed its investment life cycle and exceeding all initial expectations for profitability. The “buy, renew, rent and sell” strategy allowed us to capture a significant revaluation of the asset.
- Returned Capital Gains: After the sale of the property, a real capital gain was generated of 12.99%, well above the 6.44% initially projected.
- Closing of Operation: The final liquidation became effective in November 2023, consolidating a total return for investors of more than 7 percentage points higher than expected.
- Safety: The amortization deadlines and the distribution of monthly dividends from the rental were strictly complied with, demonstrating the effectiveness of Reental's asset management.
This success story reaffirms the power of real estate tokenization to democratize access to physical assets with returns above the traditional market average.
