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Magma Iridium in Las Palmas de Gran Canaria

Name: Sales in Magma Iridium started!
Start: 2022-03-16T06:50:05.617901+00:00
End: 2023-12-31T23:59:59+0000
Location: Magma Iridium

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Project info

Object ID: 19142

Finished at	December 2021
Price, m²	From 3130$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 54.00 m²
Floors	6
Apartments	12
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

169,020$

Net profit

7,229$

Payback period

17.8 years

Avg property value increase per year

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Promos and discounts for Magma Iridium

About the project

MAGMA develops a new promotion of 12 exclusive homes in one location

unbeatable a few meters from the Playa de las Alcaravaneras. The MAGMA IRIDIUM building is

located in one of the most fashionable areas of the capital, with all kinds of services,

facilities, equipment, commercial areas and with great communication.

The materials have been carefully chosen to guarantee extraordinary quality.

Important details such as the removal of partitions have been taken care of to obtain great

spaciousness, lighting or flooring finish. We are committed to always offering maximums

levels of comfort, with spacious rooms and top quality materials. The building will be

energy efficient, it will have two elevators, large common areas, storage rooms and 4

parking spaces.

Developer

Details about MAGMA

Hotline

+995 (558) 7000 88

Toll-free number (USA):
+1 855 588 8066

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Magma Iridium on the map of Las Palmas de Gran Canaria

C. Luis Antunez, 36, 35006 Las Palmas de Gran Canaria, Las Palmas, Spain

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