ICON in Madrid

Name: ICON
Brand: Inmobiliaria Espacio
SKU: 11560
Availability: InStock

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Project info

Object ID: 11560

Finished at	December 2022
Price, m²	From 4630$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 114.00 m²
Floors	10
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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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

527,820$

Net profit

9,376$

Payback period

44.9 years

Avg property value increase per year

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About the project

Discover a new horizon in Valdebebas: ICON Space. A residential complex located next to the Valdebebas Park, the largest urban park in the city. One of the areas with the highest quality of life, just 10 minutes from the financial center of Madrid and well connected with the rest of the city. ICON Space has 76 homes with 2, 3 and 4 bedrooms that meet the most demanding criteria of design, quality and sustainability, becoming an icon of the northeast of Madrid. The homes have large terraces, bright interiors and top quality finishes with the option of customization. It also offers common areas designed for the enjoyment of the whole family: adult pool, children's pool, natural grass, large gym, sauna, yoga station, gourmet outdoor area and children's play areas. Espacio ICON responds to the needs of a new buyer, increasingly demanding and demanding new trends in residential architecture.

Developer

Since being formed in 1972, Espacio has consolidated its position as a leader in the property and construction sector in Spain, designing an…
Details about Inmobiliaria Espacio