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El Jardin de la Reina in Madrid

Name: Sales in El Jardin de la Reina started!
Start: 2021-02-01T11:42:14.708047+00:00
End: 2023-12-31T23:59:59+0000
Location: El Jardin de la Reina

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Project info

Object ID: 10718

Finished at	October 2021
Price, m²	From 6600$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 54.00 m²
Floors	5
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Palas de Rey 9 min Las Tablas 9 min María Tudor 14 min Virgen del Cortijo 18 min Blasco Ibáñez 19 min Fuente de la Mora 19 min Ronda de la Comunicación 20 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

356,400$

Net profit

7,229$

Payback period

37.5 years

Avg property value increase per year

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About the project

Las Tablas is a neighborhood of the Municipality of Madrid included in the Valverde neighborhood, which is part of the Fuencarral-El Pardo district.

Las Tablas is a mostly residential and family neighborhood, with all the necessary services (schools, supermarkets, etc. ). It also hosts the headquarters of companies such as Telefónica, Dragados and Construcciones, Building and Contracts Development, CASER, BMW Madrid, Renault Spain, Peugeot Spain, Hyundai Motor Spain, Huawei Spain and BBVA bank.

In this neighborhood the El Jardín de la Reina promotion is located, which Coivisa is going to build, with an expected delivery date of September 2020. It is a closed urbanization with swimming pool, paddle courts, gym and green areas.

Coivisa has offered homes for 1, 2, 3 and 4 bedrooms, and 1, 3 and 4 bedroom penthouses.

All homes are included in the price, 1 or 2 parking spaces, depending on the home and storage.

Developer

At present, Pryconsa and the companies of the group that make it up have taken cruising speed again and meet the demands of the real estate …
Details about Pryconsa