Piteas in Madrid

Name: Sales in Piteas started!
Start: 2021-01-15T08:40:27.773942+00:00
End: 2023-12-31T23:59:59+0000
Location: Piteas

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

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Property for sale in Piteas — look at the real estate search engine GEOLN.COM. Photo 4

Property for sale in Piteas — look at the real estate search engine GEOLN.COM. Photo 5

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Project info

Object ID: 10503

Finished at	October 2020
Price, m²	From 5225$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 194.00 m²
Floors	3
Apartments	48
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket
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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

1,013,650$

Net profit

9,376$

Payback period

86.2 years

Avg property value increase per year

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Promos and discounts for Piteas

About the project

"Exclusive promotion with homes for all needs, in one of the most valued municipalities in Madrid. If you have always wanted to enjoy a huge garden, Piteas is for you. This new development in Pozuelo de Alarcón has 13.000 m² of common areas for you and yours. Design houses of 3, 4 and 5 bedrooms with swimming pool, paddle tennis court, sports area, playground and bicycle parking.

In this privileged location surrounded by natural spaces is AEDAS Piteas, where in addition to green areas you can easily access a wide range of leisure, shopping centers, schools, hospitals and sports venues. In addition, the promotion has perfect communication both by road and by public transport.

Developer

We’re new-generation property developers, specialising in modern residential designs. With the best land bank in Spain, we offer superior, …
Details about Aedas Homes