Edificio Lemmon in Madrid

Name: Sales in Edificio Lemmon started!
Start: 2021-02-12T08:50:50.682343+00:00
End: 2023-12-31T23:59:59+0000
Location: Edificio Lemmon

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Project info

Object ID: 11004

Finished at	December 2022
Price, m²	From 3820$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 65.00 m²
Floors	7
Apartments	90
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool 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

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

248,300$

Net profit

7,813$

Payback period

24.6 years

Avg property value increase per year

Open ROI calculator

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About the project

LEMMON building is located in the new El Cañaveral neighborhood southeast of the city of Madrid where you can enjoy 90 Free Homes with an exclusive design.

The houses are equipped with large spaces, terraces, a communal area with a swimming pool and walking areas, and include a garage and storage room. An area of great expansion of Madrid and that is very well connected with the rest of the city with the main roads.

Design houses

Lemmon Building consists of 90 Free Homes with 2 and 3 bedrooms plus spacious living rooms and spectacular penthouses.

The joineries used are PHI certified products (Passivhaus Institute), have very low thermal transmittance and are mounted with multilayer glass filled with inert gas. In addition, this glass is low emissive to reflect the heat inside the house in winter and keep it outside in summer.

Quality details

Quality and detail are taken care of to the maximum, implementing the latest design and material innovations in each space.

· Fully furnished kitchens with all appliances

· Bathrooms with screens and mirrors

· Master bedroom suite with separate dressing room

· Cabinets with interior lining.

Developer

Group with a new company profile and an activity oriented towards the integral provision of real estate services, always focused on the clie…
Details about Lobe