Portfolio of 5 apartments in Legazpi

Portfolio of 5 income-producing apartments — Arganzuela, Planetario-Legazpi, Madrid

Real estate investment opportunity in one of Madrid's areas with the greatest potential. The portfolio consists of 5 independent ground-floor, street-facing apartments with direct access from the street, located in the Legazpi–Arganzuela (Planetario) area, an established, safe residential neighbourhood that keeps appreciating in value.

Each apartment has approximately 45 m² of usable space (250 m² in total) and a functional, modern layout: living room with integrated kitchen, double bedroom and a large full bathroom. All have been recently renovated, are delivered fully furnished and hold every required licence, so they are ready to operate immediately.

Strategic location

The asset sits in the Legazpi–Méndez Álvaro area, one of Madrid's most dynamic business districts with an excellent quality of life. The surroundings combine proximity to major corporate headquarters, such as the Repsol Campus and the Mahou San Miguel head office, with large green spaces (Enrique Tierno Galván Park, Madrid Río) and leading cultural and retail venues (Matadero Madrid, Plaza Río 2). Together with excellent metro and M-30 connections and proximity to Atocha, this generates constant demand for long, medium and short-term rentals.

Estimated return

Thanks to high demand and the limited supply of temporary rentals in the area, the asset supports estimated income of €1,600–1,700 per apartment per month, i.e. €8,000–8,500 per month and €96,000–102,000 per year for the whole portfolio. This represents an estimated gross annual yield above 7% on the purchase price, with a model aligned with the growing flex-living trend and further upside as the area consolidates and grows.

Price: €1,700,000

An asset ready to operate from day one, with a homogeneous product, independent entrances highly valued for short stays, optimised design and an established location with strong professional demand — factors that position the portfolio at the top end of the market against comparable properties in the area.