Closed
Capital Gain

Madrid | Justice District Project

Almájor Capital

C/ Hortaleza 59 y C/ San Mateo 6, Madrid

Almájor Capital

1 projectsfrom 2022
Funded

1,840,000 €

Investors

430

Estimated
12.7%

Return

12%

IRR

14

months

Obtained
13.7%

Return

7.2%

IRR

26

months

Investment Term

10-14 months

Funding Date

November 2022

We present a new project that consists of the acquisition of two residential units in Madrid, located in the Justicia neighborhood, for their renovation and subsequent sale. Both properties are on the market and the developer has reached an agreement with the owners for a price significantly lower than the asking price. 


The apartments are located in the Justicia neighborhood, on Hortaleza Street, 59 and San Mateo Street, 6. This is a privileged location in the heart of the city of Madrid, just 400 meters from Gran Vía Street and 700 meters from Plaza de Colón. Being located in the city center, the asset is surrounded by all kinds of services, shops and restaurants. 


With nearly 3.3 million inhabitants, Madrid is the city with the largest population in Spain and the economic center of the country. The assets have an excellent location, the Justicia neighborhood, one of the most fashionable neighborhoods in the capital, next to the most popular streets in the city (Gran Vía, Fuencarral, Castellana and Barquillo). It is a residential and commercial neighborhood at the same time, which has maintained the most traditional architecture and with good public transport communications with various metro and bus stops. The Justicia district occupies one of the top positions in terms of the purchasing power of its neighbors, greatly influenced by the major transformation it has undergone thanks to high-standing clients who are acquiring homes in the area. 

You must be logged in to see this information

If you are not yet registered, what are you waiting for?

Manager

Almájor Capital

Almájor Capital was founded in 2017 as a real estate management vehicle specializing in advisory, technical, operational, and commercial management of any real estate asset with the aim of helping our clients optimize the value of their properties.

View full profile

Location

C/ Hortaleza 59 y C/ San Mateo 6,

Madrid, España