General Prim — Alicante
19-apartment residential building in central Alicante, with saltwater pool and underground parking. Half the units are already reserved — reducing market-risk exposure for the incoming investor.
About the project
General Prim is a 19-apartment residential building at Calle General Prim 3 in central Alicante, a five-minute walk from the Rambla Méndez Núñez. The building occupies a 500 m² urban plot and extends across five floors, with a total build area of 2,300 m².
The project includes a saltwater communal pool and underground parking — amenities which have driven significant pre-sale demand. 50% of the apartments have already been reserved prior to the sale of the development package, providing a measure of demand validation for the incoming investor.
Apartments are designed in two and three bedroom configurations. The package includes the urban plot, the full architectural and technical project, and the building licence (licencia de obra mayor). The investor acquires a ready-to-build project with half the units already committed.
What the package includes
- Urban plot — Calle General Prim 3, Alicante
- Full architectural and technical project
- Building licence (licencia de obra mayor)
- Saltwater communal pool in project scope
- Underground parking provision
- 50% pre-reservation demand validation
Specifications
- Project type
- 19 residential apartments
- Location
- Calle General Prim 3, Alicante
- Plot area
- 500 m²
- Total build area
- 2,300 m²
- Floors
- 5 floors above ground
- Apartment layouts
- 2–3 bedrooms
- Communal pool
- Saltwater pool
- Parking
- Underground parking
- Pre-sales
- 50% reserved before package sale
Financial overview
| Package price (plot + project + licence) | €1,100,000 |
| Construction cost (19 units) | ~€3,070,000 |
| Total development investment | €4,170,000 |
| Projected revenue at completion | €5,870,000 |
| Projected ROI over 2 years | 40.8% |
ROI figures represent projected return over the full development cycle, not an annualised rate. Projections are based on current market data and cost estimates; they are not guaranteed. Prospective investors should conduct independent due diligence and seek appropriate legal and financial counsel before proceeding. See Investment Disclaimer.
Legal structure & compliance
Transaction structure
Acquisition via bilateral private placement contract (S.L. or SPV). Standard Spanish real estate purchase deed (escritura pública) executed before a notary.
Regulatory status
Inversa Development is not regulated under Ley 35/2003 or Ley 5/2015. This offering does not constitute a public offering (oferta pública) under Spanish securities law. CNMV registration is not applicable.
AML/KYC
Mandatory source-of-funds verification (AML/KYC) is required for all investors prior to execution of documents. Verification is conducted in accordance with applicable Spanish anti-money laundering legislation.
Frequently asked questions
What exactly does "50% reserved" mean for the investor?
Prior to the package sale, 50% of the 19 apartments have been subject to reservation agreements from end-buyers. These reservations provide demand validation and reduce the investor's exposure to unsold-unit risk. The reservation agreements and deposit structures can be reviewed during due diligence.
Does the package price include construction costs?
No. The €1,100,000 package price covers the urban plot, the complete architectural and technical project, and the building licence. Construction costs are additional and are estimated at approximately €3,070,000, bringing total development investment to approximately €4,170,000.
What is the projected exit — how does the investor realise the return?
The projected return is realised through the sale of completed apartments to end-buyers. The investor, as developer of record, receives proceeds from apartment sales after deducting total development costs. A partial exit via pre-sale agreements is also possible during construction.
Who manages construction?
Inversa Development acts as project manager and coordinates the appointed general contractor (contratista principal). The investor retains ownership of the development company or SPV throughout the process and receives regular progress reporting.
What documentation can I review before committing?
Qualified investors can request the full data room: land registry extract (nota simple), building licence, architectural project, financial model with unit-level pricing, reservation agreements from pre-buyers, and construction cost breakdown. An NDA may be required.
How is the investment structured legally?
The standard structure is acquisition of the development package via a bilateral private placement contract and transfer of title (escritura pública) to the investor's designated vehicle (individual, S.L., or foreign SPV). Inversa Development's legal partners can advise on structuring for non-resident investors.
General Prim — Alicante
Request the data room: floor plans, financial model, building licence, reservation agreements, and title documentation.
WhatsApp enquiry Enquiry formGeneral Prim — Alicante
Submit your details to receive the full data room: floor plans, financial model, building licence, reservation agreements, and land registry title.