- Plaza Mayor, Madrid
Real estate investment in Madrid
Zaragoza Street, Downtown
The Plaza Mayor... the historic heart of Madrid, with its iconic red facades and unique atmosphere.
Just 30 meters away, on Calle Zaragoza, we found an apartment for our Israeli client for €490,000, which we negotiated down to €470,000, even though the bank valuation was €622,000.
After renovation, the results speak for themselves.
See for yourself.
-
Do you have a project?
Let's schedule an appointment!
Plaza Mayor, Madrid
Key figures
470 000 €
Purchase of the apartment
622 000 €
Value of the apartment
1 minute
Distance from Plaza Mayor
A few photos before renovating everything.
Strengths
High demand
Very high rental pressure in Madrid
Profitability
Increasing sale price
Passive income
Significant rental yield
Key points
Financial strategy
An apartment located a stone's throw from the legendary Plaza Mayor, in the heart of Madrid.
Listed at €490,000, it was negotiated and purchased for €470,000. The icing on the cake: the bank valuation subsequently came in at €622,000.
➡️ An excellent purchase, with a nice latent capital gain right from the start!
1 470 €
Monthly loan payment of €1,470 used to finance the purchase, over a period of 25 years.
2 500 €
Estimated monthly rental income, if rented.
