iKasaClass Mendez Alvaro in Madrid

Name: Sales in iKasaClass Mendez Alvaro started!
Start: 2021-02-17T07:57:49.287297+00:00
End: 2023-12-31T23:59:59+0000
Location: iKasaClass Mendez Alvaro

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Project info

Object ID: 11081

Finished at	March 2023
Price, m²	From 5650$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 62.00 m²
Floors	10
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Méndez/Álvaro 6 min Menéndez/Pelayo 6 min Arganzuela - Planetario 8 min Pacífico 10 min Atocha Renfe 10 min Delicias 11 min Palos de la Frontera 12 min Atocha 14 min Legazpi 15 min Puente de Vallecas 16 min Conde de Casal 17 min Lavapiés 21 min Nueva Numancia 21 min Embajadores 21 min
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Personal discount certificate 300$
Free consultation	Ask a question

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

350,300$

Net profit

7,813$

Payback period

34.6 years

Avg property value increase per year

Open ROI calculator

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About the project

Your house in Madrid.. . is very close. iKasaClass Méndez Álvaro is a cooperative housing project in one of the best locations in the capital, the surroundings of the Méndez Álvaro street station, very close to the Atocha train station.

The future residential complex has an unparalleled range of services and entertainment at your fingertips. A few minutes walk from the center of the capital, you can enjoy shopping centers, health centers, sports areas.. . All with a quick communication on the road that interests you most (Public transport, RENFE, private car.. . )

Homes of 1, 2, 3 and 4 bedrooms that also have a garage, community pool and storage included in the cost.

Homes that stand out for their contemporary design, with an advantage of the spaces of each room and with an important luminosity. In addition, an eco-efficient development has been taken into account for the design, so that their energy savings are as high as possible.

iKasaClass Méndez Álvaro is an avant-garde project carried out by Martín Caballero Arquitectos (La Finca, Zielo Shopping Center, Reebook Sports Club La Finca.. . ). One of the most important architecture studies nationwide, giving all homes a unique differential value in the area.

Contact the iKasa Class commercial team now and be the first to receive exclusive information on this unique project.

Developer

iKasa is a family business that was born in April 1970 with the original activity of promoter and construction of houses in the province of …
Details about iKasa Class