About this property
OFFER FOR NATIONAL INVESTORS IN THE CITY OF CASTELLÓN DE LA PLANA.
For sale open plan property with ground floor plus two floors with a project for a student residence close to the University of Castellón.
The project is currently under development, and includes 35 rooms with their own bathroom and kitchen as well as communal areas.
The profitability of the project counting the approximate cost of construction would be 8%, which is a very attractive return for a newly built property in an exclusive area.
For more information and photos of the property LOI.
There are several reasons why Castellón is a good city to invest in the creation of a student residence near the University Jaume I (UJI):
1. Strategic location: Castellón is located on the Costa del Azahar, one of the most important tourist areas in Spain. This attracts national and international students looking for a university experience in an attractive coastal environment. Moreover, being relatively close to Valencia and Barcelona, the city benefits from the influence of these metropolitan areas.
2. Constantly growing university: The UJI has experienced constant growth in recent years and has established itself as a leading academic institution in Spain. This means that the demand for student housing is high and will continue to grow in the future.
3. High occupancy rate: Due to the increase in enrolment and the lack of
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