D. Ramón de La Cruz 26 in Madrid

Name: Sales in D. Ramón de La Cruz 26 started!
Start: 2021-02-16T07:35:20.674325+00:00
End: 2023-12-31T23:59:59+0000
Location: D. Ramón de La Cruz 26

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Project info

Object ID: 11047

Finished at	December 2020
Price, m²	From 14500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 133.00 m²
Floors	6
Apartments	14
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Velázquez 4 min Núñez de Balboa 4 min Núñez/de Balboa 4 min Serrano 5 min Príncipe de Vergara 7 min Rubén Darío 7 min Lista 8 min Colón 9 min Goya 9 min Retiro 9 min Diego/de León 11 min Diego de León 11 min Avenida de América 12 min Ibiza 13 min Gregorio Marañón 13 min Gregorio/Marañón 13 min Alonso Martínez 14 min Manuel Becerra 15 min Manuel/Becerra 15 min Republica 16 min Cartagena 16 min Banco de España 17 min Chueca 17 min O'Donnell 17 min Cruz del/Rayo 18 min Iglesia 18 min Prosperidad 19 min Tribunal 20 min Alonso/Martínez 20 min Bilbao 21 min Sainz de Baranda 21 min Sevilla 21 min Nuevos Ministerios 21 min Nuevos/Ministerios 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

1,928,500$

Net profit

9,376$

Payback period

164.1 years

Avg property value increase per year

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About the project

D. Ramón de La Cruz 26 is an emblematic building located in the best area of the Barrio de Salamanca.

A farm that will have 14 luxury homes, of different typologies (2, 3 and 4 bedrooms), of a contemporary classic style and bearing the signature of the prestigious interior designer Ricardo de la Torre. There is an integral rehabilitation of the building keeping protected elements such as façade and stairs. Both the homes and public spaces will have the best qualities: marble, oak, kitchens equipped with NEFF brand appliances, home automation or robotic garage.

In D. Ramón de la Cruz all floors are exterior and have a storage room and common spaces of careful design for leisure such as a large garden inside the patio and a roof terrace with a living room for celebrations, gym, outdoor pool-Jacuzzi and a large "chill out" terrace to enjoy the sunset of Madrid.

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