UNIQUE INVESTMENT OPPORTUNITY. This magnificent 213m2 built and 178m2 useful house located in the heart of the Moncloa-Argüelles neighborhood represents a magnificent and unmatched investment opportunity in an apartment designed for temporary student rentals.
Its privileged area, with excellent communication (public roads, bus stops, Moncloa interchange and lines 3, 6 and 4 of the Metro a few steps away) that allows you to reach any point in Madrid and the northwest mountains of the Community in a very short time, full of leisure and restaurant services, shops, supermarkets, shopping centers, etc.. . and its surroundings in one of the most sought-after neighborhoods of the capital will delight its tenants.
Getting to know the property, we see those 213m2 distributed in 8 bedrooms with 8 full private bathrooms in each room so that the tenants enjoy maximum privacy, in addition to a large and spacious living-dining room with an open kitchen as a common space. The apartment has been completely renovated since the summer of 2024 and has new top quality furniture that is included in the price.
Currently the apartment is occupied by university students and is managed by a company specialized in this sector with many years of experience behind it. The management by the company is comprehensive, handling the micro aspects of day-to-day life, as well as taking care of making and managing collections and finding students who rent the house 11 months a year.
As you can see in the photos, the qualities of the reform are maximum, with parquet flooring, smooth walls, air conditioning, shower with sliding screen, premium climalit windows, fans, doors with individual locks, top brand appliances.. .
The gross annual return is 5.22%, offering an approximate income of €92,400 (real numbers with the current situation). Discounting expenses, IBI, community, etc.. . the annual NET profitability obtained is around 4.27% (€75,729).
The farm where this wonderful house is located is a luxury building, with few neighbors (10 houses in total), a doorman, a protected façade and an elevator.
Property Features
ReferenceIL-05087
Type of OperationFor sale
Type of propertyFlat
Zone / CityChamberí / Madrid
Net Internal Area178 m2
Built Surface213 m2
ConditionGood condition
Bedrooms8
Bathrooms8
Year built1950
Floor5
Terrace Size-1 m2
Exterior typeAll exterior
Community fees284€
Elevator
All Exterior
Energy Efficiency Rating
Energy Consumption kWh/m2 Year
Consumer Kg CO2/m2 Year
Situation
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