Monday, March 6th, 2017
Urbania has strengthened its position in Madrid with the acquisition of another residential building in the Arguelles neighborhood close to the Plaza de España. Arguelles is one of the most consolidated residential neighborhoods especially attractive for the wealthiest families.
The building located in Calle Altamirano 10, has a total built area of 916 square meters with atotal of 14 apartments and a commercial unit.
We will proceed with capital investment including new elevators, improvement to the communal areas and rehabilitation of all the apartments.
The building offers an excellent investment opportunity and a substantial return on investment in the nedium term.