Andromeda Residencial in Valladolid

Name: Sales in Andromeda Residencial started!
Start: 2021-02-16T08:47:17.407421+00:00
End: 2023-12-31T23:59:59+0000
Location: Andromeda Residencial

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Project info

Object ID: 11054

Finished at	November 2022
Price, m²	From 1780$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 92.00 m²
Floors	4
Apartments	70
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

163,760$

Net profit

9,376$

Payback period

13.9 years

Avg property value increase per year

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Promos and discounts for Andromeda Residencial

About the project

The LIBRA Group is launching an innovative project in Valladolid, ANDRÃMEDA RESIDENCIAL, which will be located in the new Los Santos Pilarica neighborhood, between three streets: Paseo Juan Carlos I, Andromeda Street and Plaza de la Lonja. In this area, Adif is constructing the underground passage that will connect Andromeda Street with Rafael Cano Square and will allow the transit of both vehicles and pedestrians, between one side and the other of the High Speed line, greatly improving the permeability of area.

The project will have 70 spacious homes of 2, 3 and 4 bedrooms, including the magnificent penthouses and ground floor with garden. In addition, it will have private urbanization with swimming pool, children's area, community room, bicycle room and garden areas.

Andromeda Residential is located in a quality urban environment, which guarantees having all services at one step: schools, institutes, health centers, supermarkets, sports centers or university facilities.

The promotion will be developed under a cooperative regime, with the management of one of the most important and most experienced managers at the national level. This is the fifth cooperative promotion that LIBRA PROJECT MANAGEMENT develops in Valladolid.

Developer

LIBRA Project Management guarantees the development of its promotions and housing cooperatives with a team of professionals and collaboratin…
Details about LIBRA