Residencial La Galatea in Madrid

Name: Sales in Residencial La Galatea started!
Start: 2021-01-12T07:35:59.334222+00:00
End: 2023-12-31T23:59:59+0000
Location: Residencial La Galatea

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Property for sale in Residencial La Galatea — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 10401

Finished at	July 2021
Price, m²	From 3000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 180.00 m²
Floors	2
Apartments	27
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Pool 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

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

540,000$

Net profit

9,376$

Payback period

45.9 years

Avg property value increase per year

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Promos and discounts for Residencial La Galatea

About the project

"The development is located in the northwest area of Madrid, in Los Jarales, about 4 km from the center of Galapagar and 1.5 km from the Torrelodones neighborhood, located in a protected area of the regional park of the middle course of the Guadarrama, less than 30 minutes from the capital.

In its vicinity you will find supplies that will cover all your needs. A few minutes from the promotion you will have several educational centers, both public and private, such as Los Sauces, Peñalar and San Ignacio de Loyola schools, as well as the Colmenarejo campus of the Carlos III University of Madrid, just 10 km away and the campus of La Berzosa from the University of Nebrija, less than 5 km away. The Bulevar Theater is 3 minutes away by car, and 10 minutes away you will find the Espacio Torrelodones Shopping Center, which offers a wide commercial and leisure offer and just 14 minutes away is the Casino Gran Madrid Torrelodones. In addition, just over 5 km away you will find the prestigious HM Torrelodones University Hospital.

The development is very well located at access level with connection to the A6 less than 2 km and 4 minutes by car from the Torrelodones train station from where you can access the capital through lines C8 and C10. Also, the intercity bus lines 631 and 633 circulate around it.

Residencial Galatea is composed of 27 single-family homes in closed urbanization with access control and surveillance with closed circuit television whose common areas are equipped with swimming pool for adults and children with saline treatment, children's area and large gardens with native plant species.

The promotion will distinguish 3 areas according to the existing typologies where you can choose between homes with an area of more than 200 m2 distributed in 2 heights all with private outdoor parking area.

Developer

From Grupo Fogesa we want to be active participants in the market and develop real estate projects that add value to the sector. We do not w…
Details about Grupo Fogesa