General Prim — Alicante

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.

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

Apartment sizes

2–3 bedrooms

Communal pool

Saltwater pool

Parking

Underground parking included

Pre-sales

50% reserved prior to package sale

Financial overview

Package price

€1,100,000

Total development investment

€4,170,000

Projected revenue at completion

€5,870,000

Projected ROI

40.8%

Development duration

2 years

Financial projections are based on current market data and development cost estimates. They represent projections, not guarantees. Prospective investors are advised to conduct independent due diligence and obtain appropriate legal and financial advice before proceeding.