JARDIN DE PELABRAVO in Madrid

Name: Sales in JARDIN DE PELABRAVO started!
Start: 2021-01-29T12:21:04.902008+00:00
End: 2023-12-31T23:59:59+0000
Location: JARDIN DE PELABRAVO

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Project info

Object ID: 10687

Finished at	September 2022
Price, m²	From 2960$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 84.00 m²
Floors	6
Apartments	56
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations 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

248,640$

Net profit

9,376$

Payback period

21.2 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 gardens, upper floors (1st to 2nd floors) with terrace, duplex properties (3rd and 4th floors) with terrace and duplex lofts (on the 5th and 6th floors) with terrace.

All the properties are exteior-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 1 or 2 garage parking spaces (depending on the property) allocated to them.

The urbanisation 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 the 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