Edificio Longoria in Madrid

Name: Sales in Edificio Longoria started!
Start: 2021-02-03T08:00:31.331749+00:00
End: 2023-12-31T23:59:59+0000
Location: Edificio Longoria

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Project info

Object ID: 10779

Finished at	January 2017
Price, m²	From 9300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 64.00 m²
Floors	7
Apartments	12
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Alonso Martínez 1 min Tribunal 5 min Bilbao 6 min Chueca 6 min Colón 7 min Iglesia 7 min Rubén Darío 9 min Quevedo 10 min San Bernardo 10 min San/Bernardo 10 min Banco de España 10 min Gran Vía 11 min Alonso/Martínez 11 min Serrano 11 min Gregorio Marañón 12 min Gregorio/Marañón 12 min Sevilla 12 min Noviciado 12 min Callao 13 min Canal 13 min Vodafone/Sol 14 min Vodafone Sol 14 min Retiro 14 min Ríos Rosas 15 min Santo/Domingo 15 min Velázquez 15 min Núñez de Balboa 16 min Núñez/de Balboa 16 min Plaza de España 16 min Antón Martín 18 min Ópera 18 min Ventura/Rodríguez 18 min Tirso de Molina 19 min Príncipe de Vergara 19 min Nuevos/Ministerios 20 min Nuevos Ministerios 20 min Argüelles 21 min Cuatro/Caminos 21 min Cuatro Caminos 21 min
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Return on investment for apartment

with price

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

595,200$

Net profit

7,813$

Payback period

58.9 years

Avg property value increase per year

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About the project

Last homes, garages and commercial premises - Edificio LONGORIA 10

Last 4 homes, robotized parking spaces and a commercial space in a new building whose construction ends in January 2017; in the neighborhood of Chamberí, in the heart of Madrid, with an area of 76 m2 built approx. , with 1 bedroom, 1 bathroom, living room, kitchen with utility room, and 2 parking garage robotic.

It is a project with 12 houses in height, whose building is in its last months of construction, which ends in January 2017; located at number 10 Manuel González Street Longoria, neighborhood of Chamberí, a few meters from the Plaza de Alonso Martínez, the center of Madrid in an unbeatable location that is about 750 meters from the Plaza de Colón - Paseo de la Castellana.

The 4 homes available are on the 1st and 2nd floors, two houses on each floor, with symmetrical distribution, with a bedroom, kitchen with utility room, dining room, bathroom and hall distributor with fitted wardrobes.

The building, has on the ground floor of a commercial premises with a floor area of 75.80 m2, as well as entrance portal, elevator and stairs, and, waiting area, delivery and collection of vehicles by robotic garage system for 40 seats of large parking. It also incorporates video surveillance system in both accesses and on the roof. In basement floor -1 has 8 storage rooms, which are sold next to the houses of plants 2nd to 5th.