Rey Francisco 9

Urbania International completes the acquisition of a new building on Calle Rey Francisco in Madrid.

The property, dedicated to residential use, is located in an unbeatable location: the district of Argüelles, in the district of Moncloa-Aravaca, located in the west of Madrid.

An area very close to main square, Plaza de España, internationally known as an icon of the city of Madrid and also close to the Edificio España (Spanish Building), of historical renown.

This neighborhood, one of the most attractive to live in in Madrid, is surrounded by parks and very well connected with the public transport network and is also next to the main university campuses Complutense, Autonoma and Polytechnic of Madrid.

The property has a total area of 2,673 m2 on a plot of 449 m2, of which 2,520 m2 are for residential use, divided between 23 properties of approximately 100 m2 each and 128 m2 for commercial use.

It is a building of quality for its time, with a very functional interior design and good general condition of conservation, with the result that the investment in improvements of the same will be very contained, allowing a favorable return of the investment in the medium term.

It is worth mentioning the fact that Plaza de España will soon begin a remodeling process that will further increase the value of a zone that already has high demand nowadays.