Tourist apartments are becoming an increasingly popular accommodation formula. They allow us to enjoy the places we visit in a different way, feeling at home and participating in the life of the city. In Alicante, one of the most popular holiday destinations in Spain, MyFlats was able to interpret this growing demand. In just four years, this local company, specialized in the promotion and management of luxury tourist apartments, has established itself as one of the most important in its segment in the Valencian Community. It has already billed more than two and a half million euros and plans to expand to other locations in our country.

“We hope to become one of the most important designer tourist apartment rental companies in our country”

Daniel Elman, myflats CEO

In 2018 Daniel Elman, Joseph Clement D Manolo Mayor, three friends with extensive experience in the financial world, the real estate sector and construction, respectively, have joined forces to carve out a market niche in high demand by Spanish and foreign visitors who come to Alicante for business or pleasure. To do this, MyFlats purchases and refurbishes entire buildings and creates apartments designed and equipped down to the smallest detail to guarantee the best possible experience and meet every need. In addition, he works with other investors in charge of managing their properties, advising them on reform and ensuring that all properties meet MyFlats’ rigorous quality, design, comfort and affordability standards.

Like at home

The aim is that the one who travels “may live authentic local experience When you rent a house or apartment, you feel like you’re part of the city you’re visiting, but you don’t miss out on the best services and a sense of security,” explains Elman, Founder and CEO of MyFlats.

The company currently has seven buildings in Alicante. The first, City Center, was renovated in 2015; City Center, opened in two phases between 2019 and 2020, has 31 one and two bedroom apartments as well as a gym, work area and spectacular rooftop pool; Over one hundred square meters each of the twelve apartments and two penthouses in the Luxury Navas building offer additional luxury of extraordinary dimensions in the heart of Alicante; and the newly built Rambla collection is the quintessential MyFlats style from which roof with the pool you can enjoy the best view of the city. The latest builds are MyFlats Santa María, Urban Stay and Teatro with four one and two bedroom apartments next to the Teatro Principal in Alicante.

From Alicante to the rest of Spain

In the coming months, My Flats will open in Alicante. MyFlats San Cristobaland Luxury Bailén, which will join the previous ones, and Beachside, their property in a nearby coastal town Campello. Gradual expansion certifying the success of the proposal, also supported by results. Positioned since 2019 as the most important luxury tourist apartment company in the provinceAlready in 2020, despite the Covid pandemic, he managed to issue an invoice for one million euros, and in 2021 this figure increased to 1.5 million.

That is why the prospects for MyFlats are excellent. The group’s goal for 2022 is to reach a turnover of 3.5 million euros and continue to grow. It is already studying implementation in the cities of the Valencian Community such as Denia, Javea, Benidorm or Calpe. And soon you want make the jump to major cities in the national territory such as Valencia, Malaga, Seville, Barcelona or Madrid. “In the medium term, we hope to become one of the most important designer tourist apartment rental companies in our country,” confirms Elman. Specialization and expertise in management, marketing and pricing, as well as significant online direct selling capabilities, are some of MyFlats’ strengths that differentiate it from its competitors and underpin its current and future success.