Galileo 91 in Madrid

Name: Sales in Galileo 91 started!
Start: 2021-02-16T06:47:12.998079+00:00
End: 2023-12-31T23:59:59+0000
Location: Galileo 91

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Project info

Object ID: 11041

Finished at	March 2022
Price, m²	From 10250$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 61.00 m²
Floors	6
Apartments	27
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Islas/Filipinas 4 min Canal 6 min Guzmán el Bueno 7 min Quevedo 9 min Ríos Rosas 9 min Cuatro Caminos 10 min Cuatro/Caminos 10 min Moncloa 11 min San/Bernardo 12 min San Bernardo 12 min Argüelles 12 min Alonso/Martínez 12 min Metropolitano 12 min Alvarado 13 min Iglesia 13 min Ventura/Rodríguez 14 min Bilbao 14 min Noviciado 16 min Plaza de España 17 min Tribunal 18 min Estrecho 18 min Francos Rodríguez 18 min Ciudad/del Cine 19 min Alonso Martínez 20 min Santo/Domingo 21 min Gregorio/Marañón 21 min Gregorio Marañón 21 min Nuevos/Ministerios 21 min Nuevos Ministerios 21 min
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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

625,250$

Net profit

7,813$

Payback period

61.8 years

Avg property value increase per year

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About the project

Galileo 91 is located in the greenest area of the Chamberí neighborhood, in Trafalgar. A project by Odd Group that transports us to New York's Soho where those buildings with brick facades and large windows mix with high ceilings, modern design and common spaces with a terrace, pool and a lounge area that give the feeling of live in a Boutique Hotel. The comforts in design and materials make each of the 27 homes in Galileo 91 unique.

Galileo 91 has 1, 2 and 3 bedroom apartments of different types, including a dreamy attic where the terrace is the main protagonist. Each of the houses includes full bathrooms, kitchens with appliances and fitted wardrobes.

The interiors are industrial and sophisticated, where brick walls coexist with comfortable oak wood and timeless black and white in an elegant balance. The rooms are functional and bright with viewpoints where the views and light pass in combination with the common spaces for meeting, sports and the enjoyment of experiences. ChamberÃ is one of the most central neighborhoods with the highest demand in Madrid. It is currently the fashionable district of the capital. Galileo 91 is located near Calle Ponzano full of gourmet and designer restaurants and plenty of nightlife. And if for the day we want to enjoy the outdoors, next to Galileo 91 we can let ourselves be carried away or do sports in the Santander Park, on the Isabel II canal and even more spaces to enjoy.

Developer

At Impar Grupo we provide comprehensive real estate solutions in the following areas: consulting, investment and a powerful architecture, de…
Details about Impar Grupo