FUENTES DEL BOSQUE in Madrid

Name: Sales in FUENTES DEL BOSQUE started!
Start: 2021-01-29T12:07:11.231572+00:00
End: 2023-12-31T23:59:59+0000
Location: FUENTES DEL BOSQUE

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Project info

Object ID: 10686

Finished at	December 2022
Price, m²	From 2640$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 105.00 m²
Floors	5
Apartments	38
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Barrio del Puerto 19 min Coslada Central 20 min
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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

277,200$

Net profit

9,376$

Payback period

23.6 years

Avg property value increase per year

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About the project

All the properties have 3 bedrooms and 2 bathrooms, with terraces and separate living rooms.

The various property types are located on the ground floor with 150 m2 gardens, upper floors (1st to 7th) with 6 m2 terraces, semi-duplex properties (8th floor) with 18 m2 terraces and duplex lofts (on the 9th and 10th floors) with 35 m2 solarium terraces.

All the properties are exterior-facing, very bright and with views out of two sides of the building, guaranteeing natural ventilation and light throughout the day.

The common feature of all the properties is that they have 2 bathrooms. One of them will form part of the master bedroom as an en-suite, while the other will be independent and accessible from the hallway to serve the other secondary bedrooms.

All the properties have a storeroom and one garage parking space (1st to 4th floor properties) and two parking spaces (5th floor, loft floor and ground floor properties) allocated to them.

The complex will be accessible for persons with reduced mobility via a number of adapted properties. They will also comply or exceed all the legal building requirements in this regard to maintain excellent levels of quality.

The common areas, such as the swimming pool, gardens, children’s play area and common room, will only be accessible from the interior of each urbanisation, thus helping to maintain privacy and security for resident families

Developer

Set up in 2004, Planificación Residencial y Gestión, S.A., (Prygesa), is a benchmark company in the field of real estate development due to …
Details about Prygesa