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Terrazas del Olivar II in Madrid

Name: Sales in Terrazas del Olivar II started!
Start: 2021-01-22T07:18:44.259531+00:00
End: 2023-12-31T23:59:59+0000
Location: Terrazas del Olivar II

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Project info

Object ID: 10568

Finished at	March 2023
Price, m²	From 2640$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 82.00 m²
Floors	5
Apartments	78
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Fitness 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

216,480$

Net profit

9,376$

Payback period

18.4 years

Avg property value increase per year

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Promos and discounts for Terrazas del Olivar II

About the project

-78 block houses

-Common zones

-Homes of 2, 3 and 4 bedrooms

-Low with garden

-Penthouses with large terraces

-1 or 2 garage spaces per home (the first included in the price)

-A storage room included in the price of the house

-Natural stone ventilated facade

-Electrical centralized biomass boiler with ZERO emissions

-100% LED lighting integrated in common areas

-Urbanization closed with security gate

-Pool

-Paddle court

-Fitness center

-Child play area

-Gardening complete with led lighting

-Options of choice of finishes in the interior of the houses

Developer

Details about SG Villas Alcala

Hotline

+1 855 588 8066

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Terrazas del Olivar II on the map of Madrid

Calle Islas Caimán NN District El Olivar Alcalá de Henares Corredor del Henares, Madrid

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