Invest in an apartment in Madrid & enjoy extra income through rental property!
Type of opportunity: Participative loan Modality: BUY-TO-LET
Garcia Luna consists in the granting of a loan to a project developer for the acquisition of an apartment located in the Ciudad Jardin neighborhood in the area of Chamartin, just a few steps away from the National Music Auditorium.
Here you can find some information about the project developer, in addition to some basic investment information.
Being a BUY-TO-LET opportunity, it is important to keep in mind that:
The apartment is located at Calle Mantuano 34. It is a spacious 1st floor apartment that is very bright as it has several windows that open out to an interior patio. It will be completely renovated, including furniture and decoration following the most solicited distribution of the area:
The interior design and furnishing will be carried out under the strategy Home Staging with the objective of increasing the speed of commercialization for its traditional rental and improving the yield from the purchase of the property.
Mantuano Street is located between López de Hoyos and Príncipe de Vergara, an unbeatable neighborhood to live in. It is located in the northeast area of the city, adjacent to the Salamanca district, which is a prime area to be. This area has all kinds of supermarkets, schools, shops and services nearby. Additionally, it is only 300 meters from the Prosperidad metro line, so it is perfectly connected to the rest of the city and the center of Madrid.
Lopez de Hoyos is a fantastic street that is full of shops, great restaurants, and everything else you could possibly need. The recently renovated Mercado de Prosperidad is also located nearby.
Furthermore, the apartment is located just down the street from IE Business School and IE University. The proximity to the university has resulted in very high demand for housing in this area, and also drives up property values in the area. The flat will attract many students who want to live in the area surrounding the university.
This is a very poplar area that always stirs a ton of interest. We have had many successful projects in this area in the past. Many of these projects were not only successfully financed on the Housers platform, but after being rented they were also eventually sold far above what was expected.
The project developer will be responsible for carrying out all the tasks and procedures necessary to carry out the sale, execute, and oversee the renovation of the property. Furthermore, the project developer will follow-up throughout the life of the project, and also take responsibility for performing all of the necessary day-to-day tasks needed to manage and upkeep the property.
Do not miss this BUY-TO-LET opportunity in Madrid!
In Spain, Housers is a crowdfundig platform registered next to CNMV (Spanish Regulator) with register number 20. Housers is a platform that facilitates access to loans related to real estate transactions promoted by third-party companies, previously analyzed and validated. Housers does not offer financial advice and none of the proposed activities should be considered as such. The analyzes shown in these pages are general information and do not in any way constitute specific advice. The projects illustrated are not subject to the supervision of any national or international financial authority or regulator. The transactions presented are forecasts only and as such, they may be subject to change. Investing through Housers involves risks, including illiquidity, loss of investment, and it should only be done as part of a diversified portfolio. Your capital is at risk.
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