Buy . Renovate . Rent
A disciplined, income-focused pathway designed to reposition under-managed residential assets inside Madrid’s M-30 ring.
Renovation, leasing, and ongoing operations are delivered by Star One Rocket SL (S1R) to ensure quality, efficiency, and long-term value creation.
Objective:
Build a resilient income portfolio supported by modernised assets, strong tenant demand, and consistent euro-denominated rental yields.
Why BRR Matters
Madrid’s inner districts face a persistent undersupply of modern rental homes. Many 60–90 m² units lack energy efficiency, contemporary layouts, and professional management — creating clear opportunities for value creation.
By targeting the right micro-locations and focusing on practical upgrades, BRR enhances tenant quality, reduces vacancy, and unlocks dependable, long-term rental performance.
How BRR Works — The Pathway
1. Acquisition
Identify assets with:
Strong rental fundamentals
Below-market pricing
Proven neighbourhood demand
Structurally sound units within prime M-30 micro-locations
2. Renovation & Repositioning
Upgrades focus on:
Energy efficiency improvements
Modern interiors and finishes
Optimised layouts for practical living
Compliant installations (plumbing, electrical, ventilation)
All works are managed through S1R’s vetted contractor network to ensure consistent delivery standards.
3. Leasing & Professional Management
S1R manages:
Marketing across key rental channels
Tenant selection and contract execution
Digital rent collection
Repairs and maintenance
Ongoing compliance and documentation
All supported by monthly reporting and operational transparency.
4. Stabilised Rental Income
Once leased, each asset contributes to:
A diversified pool of stabilised rental homes
Strong tenant retention
Predictable cash flow and income visibility
5. Optional Exit Pathways
Depending on mandate, exit options may include:
Holding for yield
Block sale of units or sub-portfolios
Portfolio roll-up for institutional buyer strategies
Optional long-term hold, block sale, or portfolio consolidation depending on investor mandate
“Value is created long before an exit. It begins the moment under-managed asset becomes a modern, income-producing home.”
What Drives Returns
BRR generates value through a mix of operational income and capital uplift:
Monthly euro-denominated rental yield
Refurbishment-led value appreciation
Higher rents from modern, energy-efficient units
Potential cap rate compression on stabilised assets
Long-term upside within core Madrid districts
Governance & Structure
BRR investments follow a transparent, professionally managed structure:
Participation via a professionally administered SPV or private investment structure.
Governance coordination and process oversight structured in partnership with Star One Rocket SL (S1R)
Operational execution by Star One Rocket SL (S1R)
Independent accounting and financial controls
Monthly income statements
Quarterly performance updates
Secure investor portal and Data Room access
Clear, simple and institutionally aligned.
Risk Controls
BRR is designed to minimise operational and market uncertainty:
Renovation risk mitigated through fixed-price contractor agreements
Vacancy mitigated through prime M-30, high-absorption micro-markets
Operational risk reduced via S1R’s integrated management model
Regulatory risk managed through full compliance with Madrid & EU rental standards and proper documentation.
Market risk diversified across multiple districts, unit types, and assets within the portfolio.
The result is a more predictable, lower-volatility income profile for investors.
Typical Project Timeline
Acquisition: 4–8 weeks
Renovation: 6–10 weeks
Leasing: 1–3 weeks
Stabilisation: ~12 months
Fast execution. Predictable outcomes.
Examples from the BRR Portfolio
Recent repositioned assets under S1R:
Calle de Barceló 1 — Refurbished 4BR unit, stabilised for rental
Salamanca XI — 2BR — Upgraded interiors and energy optimisation
Diego de León / Chamberí sample — Premium modernisation and leasing
Each asset illustrates the full BRR cycle from acquisition to operational yield.
Next Steps for Investors
Request Strategy Pack
Detailed BRR documentation, examples, and structure notes.
Request Allocation Details
For investors evaluating ticket sizes and portfolio fit.