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thinkSPAIN Logo Properties

Flat for sale in El Cañaveral, Madrid city, Madrid

  • € 430,000
  • 117 m2
  • 3
  • 2

€ 430,000 Ref. 9673822

Properties
Ref. 9673822
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  • 3 bedroom Flat for sale in Madrid city with pool garage - € 430,000 (Ref: 9673822)
1/1

€ 430,000

Flat for sale in El Cañaveral, Madrid city, Madrid

  • 117 m2
  • 3
  • 2

Description

"Galivivienda Eon" is a development of 371 homes distributed across five buildings. The benefits of this law allow you to enjoy these homes for 15 years by paying the limited rent for publicly protected housing (VPPL). After those 15 years, the homes will be available for free rent and sale. The price listed in this advertisement corresponds to the estimated cost of the home upon completion of construction. In 15 years, the price will correspond to the increase in costs attributable to each home minus 100% of the rents paid during that period. In the EON buildings, even if you enter as a tenant, you will live like a true owner from day one. The great advantage for Galivivienda members who join this promotion is that 100% of the rents paid during the fifteen years are applied to the payment of the home. Example: 2-bedroom home, with garage and storage Estimated allocation value at the end of construction: €315,000 Estimated value in year 16: €386,549 Rents paid over 15 years: €259,906 Amount to be paid in year 16: €212,737 During the rental period, the member enjoys the home as if they were the owner, since all payments go towards the final payment. Other options for the member: Another great advantage of the EON model is that the member can: Designate a family member as a tenant. Or allow the cooperative to rent the home for 15 years. In both cases, in year 16, the member can acquire the home by deducting the rents paid. Construction phases: Five buildings in staggered development EON I Building – Parcel M7-D – 64 homes EON II Building – Parcel M9-C – 64 homes EON III Building – Parcel M8-C EON IV Building – Parcel M10-C EON V Building – Parcel M3-D – 81 homes Industrialized construction Ávita System. Galivivienda has reached an agreement with the construction company Avintia to execute the five buildings using the industrialized "Ávita system," which allows for: Reduction of execution times. Greater control and assurance of quality. Energy savings for end users. Economic conditions Social capital: €95,000 distributed as follows: €5,000 upon contract formalization €15,000 upon obtaining the building permit €35,000 prior to the purchase of the land €35,000 in 20 payments from the start of construction €5,000 upon formalization of the rental contract The €95,000: Are not an expense. They are a refundable investment after 15 years. They are transferable to third parties. They are inheritable. Requirements to access a VPPL: Be of legal age or an emancipated minor. Have legal residency in Spain. Not own a home. Not exceed 7.5 times the IPREM.

Location

El Cañaveral, Madrid city, Madrid Location provided by the Advertiser

Features

  • Flat
  • Bedrooms: 3
  • Bathrooms: 2
  • Build Size: 117 m2
  • New Build
  • Pool
  • Parking/Garage
  • Air Conditioning
  • Terrace/Balcony
  • Storeroom
  • Energy Efficiency Rating: In Progress

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€
€
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€ 1,365 per month*

+ € 27,500 taxes (€ 25,800) & expenses (€ 1,700)*

*Please note that the results are only a guide and not a mortgage offer or quote.

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+34 911 980 447

Ref. 9673822

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Advertisement

  1. Spain
  2. Madrid
  3. Madrid city
  4. Vicálvaro
  5. El Cañaveral
  6. 3 bedroom Flat for sale in El Cañaveral, Madrid city with pool garage - € 430,000 (Ref: 9673822)