Espronceda 32 in Madrid

Name: Sales in Espronceda 32 started!
Start: 2021-02-15T13:05:44.021276+00:00
End: 2023-12-31T23:59:59+0000
Location: Espronceda 32

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Project info

Object ID: 11036

Finished at	March 2021
Price, m²	From 14000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 165.00 m²
Floors	5
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Fitness Pool Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Alonso/Martínez 4 min Gregorio/Marañón 5 min Gregorio Marañón 5 min Ríos Rosas 6 min Iglesia 7 min Nuevos/Ministerios 7 min Nuevos Ministerios 7 min Canal 9 min Rubén Darío 10 min Cuatro/Caminos 12 min Cuatro Caminos 12 min Quevedo 12 min Republica 13 min Alonso Martínez 13 min Santiago/Bernabéu 14 min Alvarado 14 min Bilbao 14 min San Bernardo 16 min San/Bernardo 16 min Núñez de Balboa 16 min Núñez/de Balboa 16 min Tribunal 16 min Colón 17 min Estrecho 18 min Serrano 19 min Cruz del/Rayo 19 min Guzmán el Bueno 19 min Chueca 19 min Islas/Filipinas 20 min Avenida de América 20 min Cuzco 21 min Velázquez 21 min Noviciado 21 min
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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

2,310,000$

Net profit

9,376$

Payback period

196.5 years

Avg property value increase per year

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Promos and discounts for Espronceda 32

About the project

ESPRONCEDA 32 is a new residential destination in the heart of the best and most vibrant Madrid, the Chamberí neighborhood, of the prestigious architect Carlos Lamela.

You will have the exclusive services of a residential complex, living in the heart of Madrid: A true and large garden, a large swimming pool, gym, wellness area, lounge space, meeting areas and private parking with electric charge.

In ESPRONCEDA 32 we have created an authentic oasis in the city center. Espronceda Street belongs to the best Madrid. Located between the stately Paseo de la Castellana and the popular Ponzano street, in the center of Chamberí, an exclusive residential environment, very close to Nuevos Ministerios and with agile access to the city's communication nodes.

The homes are specially designed towards the contemporary urban lifestyle to offer you a functional and at the same time inspiring home, under criteria of quality and comfort, with the greatest detail in the choice of materials and the premise of a distinctive, elegant and timeless design. The interior of the houses is invaded by the light that comes through the large windows and runs through the main rooms, providing warmth and well-being. The master bedrooms have large dressing rooms and en suite bathrooms. Fully equipped kitchens, with high quality and modern design, have been treated as relevant spaces, with a new role that makes them multifunctional and cozy areas.

The houses located on the garden floor (1st floor), with 1 and 2 bedrooms, have large private terraces with access to the communal green areas.

The penthouses, with direct access to the sky of Madrid, elevate the concept of housing to a higher category.

Developer

Our mission Maximize the potential of property to accelerate the success of our clients and our people. Our strategy We are at the forefr…
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