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Puente de Vallecas Apartment Building $2,099,248 Madrid, Madrid 28053
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Investment Highlights
- Residential building with 659 m2 of constructed area across four floors.
- All the properties are currently rented, generating an approximate return of 6%.
- Comprised of 10 residences: 3 studios, 5 apartments, and 2 penthouses.
- Free street parking (non-regulated zone).
Executive Summary
Ref.: 2757
Residential property located in the Puente de Vallecas District, Madrid, in a well-established area with all nearby services.
The building, constructed in 2006, has a built area of 659 m² distributed across four floors and features a brick façade. The property is equipped with an elevator and consists of 10 units, including 3 studios, 5 apartments, and 2 penthouses with 1 and 2 bedrooms, as well as 11 storage rooms ranging in size from 6 to 18 m².
The location offers excellent connectivity via public transportation, with the Puente de Vallecas metro station (line 1) and several bus lines nearby. Additionally, it is close to a health center, pharmacies, supermarkets, and schools within a 200-meter radius. The area is not part of the SER zone, meaning street parking is free. All units are currently rented, generating an approximate yield of 6%.
Residential property located in the Puente de Vallecas District, Madrid, in a well-established area with all nearby services.
The building, constructed in 2006, has a built area of 659 m² distributed across four floors and features a brick façade. The property is equipped with an elevator and consists of 10 units, including 3 studios, 5 apartments, and 2 penthouses with 1 and 2 bedrooms, as well as 11 storage rooms ranging in size from 6 to 18 m².
The location offers excellent connectivity via public transportation, with the Puente de Vallecas metro station (line 1) and several bus lines nearby. Additionally, it is close to a health center, pharmacies, supermarkets, and schools within a 200-meter radius. The area is not part of the SER zone, meaning street parking is free. All units are currently rented, generating an approximate yield of 6%.
Property Facts
| Price | $2,099,248 | Apartment Style | Mid-Rise |
| Sale Type | Investment | Building Class | C |
| Property Type | Multifamily | Building Size | < 15,000 SF |
| Property Subtype | Apartment | Year Built | 2000 - 2009 |
| Price | $2,099,248 |
| Sale Type | Investment |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Building Size | < 15,000 SF |
| Year Built | 2000 - 2009 |
Amenities
Unit Amenities
- Heating
- Instant Hot Water
- Intercom
Site Amenities
- Public Transportation
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Puente de Vallecas
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