Edificio Paseo 17 in Madrid

Name: Sales in Edificio Paseo 17 started!
Start: 2021-03-05T09:06:52.414368+00:00
End: 2023-12-31T23:59:59+0000
Location: Edificio Paseo 17

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Construction

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Property for sale in Edificio Paseo 17 — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 11397

Finished at	—
Price, m²	From 3820$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 51.00 m²
Floors	6
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Pool Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Villaverde Alto 11 min Villaverde Bajo Cruce 13 min San Cristóbal 14 min Ciudad de los Ángeles 18 min
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

194,820$

Net profit

7,229$

Payback period

20.5 years

Avg property value increase per year

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About the project

1, 2 and 3 bedroom apartments with garage and storage.

The houses will have kitchens furnished with oven, hob, integrated hood and removable faucet and air conditioning system with cold-heat pump installed.

The building will have a multipurpose room with gym equipment.

The building will be located in a very consolidated area, with all kinds of educational and commercial equipment and around October 12. It is located in a strategic point between the A-4, A-42, M-40 and M-45, near the subway stop of Alcocer Bridge, so it has very good communications with easy access.

Developer

Foro Consultores Inmobilarios is a company specialized in residential real estate marketing founded in 1997. Its services include advice in …
Details about Foro consultores inmobiliarios