Paseo de las Delicias

Type of opportunity: Participative loan. Modality: BUY-TO-LET

Invest in an apartment in Madrid and enjoy monthly rent income!

Paseo de las Delicias entails the granting of a loan to a project developer for the acquisition of an apartment located in the Delicias neighborhood of Arganzuela. According to the urbanData Analytics Consultancy, this neighborhood has the highest rental prices ever recorded, in just three years rental prices rose by 40%.

Being a BUY-TO-LET opportunity, it is important to keep in mind that:

• You receive income from the moment that you invest thanks to InstantRent.
  
• 4% estimated annual net yield from the rent.
  
• The loan has a duration of 5 years, reaching an estimated cumulative net return of 25,63%.
  
• Remember that as an investor you can always get in touch with the rest of investors to sell your investment in the Marketplace.
  
• This opportunity has a very favorable score rating, B. If you want to know all the information about this rating system, click here.
  
• The increase in prices shows that this is a location with a strong demand both for rent and for sale. In just one year the price of housing in the district has grown by 4,8% according to the attached appraisal report.
  

The apartment is located in Paseo de las Delicias, and is a 1st floor, interior apartment that is very bright as it has several windows that overlook an interior courtyard. The apartment is 40 meters squared and will be completely renovated, including furniture and decoration following the most demanded distribution of the area:

• 2 bedrooms
  
• 1 bathroom
  
• American style kitchen and living room
  

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.

The location is ideal for being a consolidated residential area with a plethora of restaurants, shops, and services nearby. The Atocha station is only 200 meters from the apartment as well as the Antón Martín, Cibeles, Sol, and Lavapiés stations. Several bus lines surround the apartment (8-19-45-47-59-78-85-86-148-247-N13). It also has a close proximity to all of the main monuments and attractions in the city including: the newly renovated Madrid River, the Reina Sofía Museum, the Matadero (a cultural center in Madrid that hosts many events and exhibitions), and the Railway Museum.

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.

Enjoy monthly rent income from Madrid!

Location