Would you like to live in Madrid’s Golden Mile? It is one of the most exclusive areas of the capital that now has a new prime project, Jorge Juan 53. It will have seven high quality apartments located in this area.
The new project on Madrid’s Golden Mile
This promotion will be built on a plot with a total of 830 m2. Apparently, although it is still a project that is just being determined, it could have duplexes, triplexes, etc. It is a promotion that is aimed at people who are looking for something exclusive and peaceful. They also have a private garden of 650 meters.
More exclusive areas to live in Salamanca neighborhood
This is not the only exclusive promotion in which you can live if you are in Salamanca neighborhood. Within this area we find Velázquez, Goya, Serrano, Ortega y Gasset, among others. Without a doubt these are unbeatable areas to live in, where luxury homes are the predominant ones.
Other luxury projects
Montalbán 11 is another of the projects, this one of rehabilitation, which are setting the pace for the real estate sector in Madrid. It is a project that will be carried out in 11 Montalbán street, in Salamanca neighborhood. This, as we say, is within the Golden Mile.
What is sought in this project is to combine art and architecture. In this case, art and architecture have merged to create the most perfect of forms. This will be the first time that a building will have all the work integrated. It is a project that will have a unique chromatic ambience for the building. Thus the future residents would be living almost within a work of art. For the promoters of this rehabilitation, the property itself will be an artistic heritage.
This project will be entirely composed by exclusive homes. These houses will have between two and five bedrooms and three to six bathrooms. Its surface will go from 190 m2 in the loft typology to 650 m2 in the case of triplexes, that will be located on the top floors of the building. These homes will have terraces that can reach up to 190 m2.
In addition, thanks to this rehabilitation there will be a robotic garage with 32 parking spaces, of which five will be enabled for electric cars. Of course, it will have common areas such as pool, gym with spa, cellar and an interior garden. The penthouse apartment that has a large terrace that offers a 360º view of Madrid.
This building, after its rehabilitation, will become sustainable. And is that if currently has the E grade, after being rehabilitated will have the A grade. This is the BREEAM seal and will have it before the end of the work, scheduled for next 2019.
Buyer type in the Golden Mile
The type of buyer that predominates in neighborhoods such as Salamanca or Jerónimos is a national buyer. Specifically, the Spaniards with a high purchasing power who seek exclusivity in this area. In particular, they are close to 70% of the market rate. The m2 prices go from 6,500 to 7,500 euros in second hand houses and from 10,000 to 11,000 in the new ones.
Despite these data, Madrid remains one of the cheapest European capitals. And is that, 149 m2 could be purchased with a million euros in the capital of Spain. Meanwhile, in London, 31 m2 could be purchased with the same amount of money.
