Las Mercedes in Madrid

Name: Sales in Las Mercedes started!
Start: 2022-03-15T07:19:51.269161+00:00
End: 2023-12-31T23:59:59+0000
Location: Las Mercedes

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Project info

Object ID: 19095

Finished at	September 2023
Price, m²	From 6060$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 55.00 m²
Floors	4
Apartments	40
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Estrecho 1 min Alvarado 5 min Tetuan 7 min Cuatro/Caminos 8 min Cuatro Caminos 8 min Francos Rodríguez 11 min Santiago/Bernabéu 12 min Valdeacederas 13 min Nuevos/Ministerios 13 min Nuevos Ministerios 13 min Cuzco 13 min Guzmán el Bueno 14 min Ríos Rosas 14 min Canal 17 min Ventilla 17 min Alonso/Martínez 18 min Plaza de Castilla 19 min Valdezarza 19 min Metropolitano 21 min Gregorio/Marañón 21 min Gregorio Marañón 21 min Islas/Filipinas 21 min
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Personal discount certificate 300$
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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

333,300$

Net profit

7,229$

Payback period

35.1 years

Avg property value increase per year

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Promos and discounts for Las Mercedes

About the project

Extraordinary building on Calle Asunción Castell 1 with a turn to Calle de las Mercedes, close to the Estrecho metro, less than 15 minutes' walk from the Santiago Bernabeu Stadium and the Castellana axis.Located in a neighborhood undergoing residential urban transformation, where the comprehensive remodeling of Avenida de General Perón has recently been approved with a large grove, as well as the surrounding streets such as Infanta Mercedes.If we add the intervention of RENAZCA with the new Real Madrid stadium, the whole area will be revitalized in the future.

It is designed by the prestigious Cano & Escario Architecture Studio, and with the quality of CONSTRUCCIONES SAN MARTIN, one of the best construction companies in Madrid and consolidated in the sector for more than 100 years.It will be an exclusive complex formed by an L-shaped block, where its exterior façade will be ventilated and combined with a vertical tubular latticework.The urbanization is completely closed and has a control booth with a security system using surveillance cameras installed on the perimeter of the urbanization.Among the common areas, it is worth highlighting a large garden area with an outdoor swimming pool for adults with a solarium.In addition, there is a fully conditioned and well-lit multifunctional room towards the interior and the street.It also has arcades to shelter from inclement weather.

It is made up of 40 homes with 1 and 2 bedrooms.The 2-bedroom homes are interns to favor natural ventilation.Its rooms are spacious and have a very functional distribution where the living room and kitchen are connected to a very pleasant terrace with views of the interior garden.The bedrooms are spacious with a large closet area.The 1-bedroom homes are very well studied and each use is optimized to the maximum.All penthouses have a large terrace.

It is a promotion that will have high qualities with all kinds of details and will contrast with what is around.The developer is focused on achieving the highest energy rating so that the homes are as efficient as possible.Its façade will be ventilated on the outside and SATE type on the inside.It has underfloor heating and cooling installed by a centralized Aerothermal system.The aluminum carpentry is thermal break with motorized blinds with aluminum slats except in the viewpoints.The kitchens are fully furnished and equipped with all appliances (except dryer).Customization of the kitchen will be allowed.The client assumes the difference with respect to the standard model.It has home automation by control through a screen or the smartphone app.

Due to these 3 characteristics (location, design and quality), success is assured for any buyer or investor who wants to have a good shelter and profitable value for the future.