Quabit El Canaveral in Madrid

Name: Sales in Quabit El Canaveral started!
Start: 2021-01-29T07:22:24.501407+00:00
End: 2023-12-31T23:59:59+0000
Location: Quabit El Canaveral

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Project info

Object ID: 10668

Finished at	November 2021
Price, m²	From 2690$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 112.00 m²
Floors	6
Apartments	203
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool Commercial area 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

301,280$

Net profit

9,376$

Payback period

25.6 years

Avg property value increase per year

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About the project

203 homes of 2, 3 and 4 bedrooms with terraces. Gated community with pool, paddle tennis court, multipurpose sports court and landscaped areas.

Gated community with pool, paddle tennis court, multipurpose sports court and landscaped areas in common areas. The development has a total of 203 homes with 2, 3 and 4 bedrooms with terraces, low garden and spectacular penthouses.

Location

QUABIT EL CAÑAVERAL is part of one of the best and largest urban developments in Spain: El Cañaveral, in the southwest of Madrid, just five minutes from O'Donnell axis, between the M-45, R-3 and Gran Via of the Southwest.

With easy access and great avenues, El Cañaveral is becoming one of the most attractive areas of the capital, highly valued for its tranquility, the quality of its residential projects, its excellent communications and all the services projected.

Developer

Company Profile Dynamism, strong management capabilities an deep knowledge of the real estate market. Our history The company is headed b…
Details about Quabit