Invest in Alicante with a 17% preferred IRR

UPDATE 23/02/2026: On 20 February, we launched the Essence project with a €2 million ticket, which was completed very successfully. Due to the interest shown by investors, the manager has authorized us to expand the transaction by an additional €1.5 million. This second phase of the project will open for investment on Thursday, 26 February at 12:00 (UTC+1). You can view the project webinar here.

We’re launching a new investment opportunity on the Costa Blanca, the Essence project, in L’Alfàs del Pi, a residential development in one of the most attractive areas of the Marina Baixa.

This is a capital gains-focused project with a €2,000,000 ticket, an estimated term of 32–36 months and a 17% preferred IRR for Urbanitae investors.

The project includes the acquisition of two unencumbered urban plots, with a combined surface area of more than 13,000 m², to develop 123 homes across nine multi-family blocks.

• Investment opening: Friday 20 February 2026 at 12:00 (UTC+1)
• Info webinar: Wednesday 18 February 2026 at 12:00 (UTC+1)

Building permit in force

The development is mainly composed of 2-bedroom homes, with some 1- and 3-bedroom units. Most will feature a private garden or solarium, and some will offer the option of a private pool or jacuzzi.

Communal areas will include a swimming pool, green spaces, and a children’s area, creating a product that aligns strongly with second-home demand in the region.

The Essence project has a building permit, which was granted in November 2025, enabling construction to begin without pending urban-planning risk.

On the commercial side, the project was also launched in November and already has 22 units reserved (18% of the total), with clearly international demand.

Strong residential demand

The asset is located in L’Alfàs del Pi, above the AP-7, 7 km from Benidorm, 50 km from Alicante, and 5 km from the beach and the Serra Gelada Natural Park.

It is a municipality with a consolidated residential base and a strong international component: more than 50% of the population is foreign-born, mainly from the United Kingdom, Germany, Romania, Russia, Italy, and France.

In addition, it shows a high per-capita income within Marina Baixa and an economy strongly supported by tourism and second-home residency.

Preferred equity structure

The transaction is structured as an equity project with a capital gains strategy. Urbanitae investors will contribute €2,000,000 via a capital increase.

The developer will co-invest €875,000 of its own capital, ensuring alignment of interests. Construction financing will be executed through alternative financing, with proposals already received from two specialized institutions.

A distribution structure is established with a 17% IRR preferred return for Urbanitae investors. Only once that threshold is reached:

• The developer will recover its capital and an equivalent return.
• If additional profits are generated, the excess will be split 50% to the developer and the remainder according to the investors’ equity percentage.

This structure protects investor capital and prioritizes investor returns ahead of the developer.