New construction edificio C/ Principe 5 in Madrid photo 1Finished
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New construction edificio C/ Principe 5 in Madrid photo 2
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New construction edificio C/ Principe 5 in Madrid photo 5

New construction edificio C/ Principe 5 in Madrid

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Madrid, Madrid, Center, Calle Principe, 5

Ref: 9796

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2023Year of delivery
FinishedBuilding State
60 m²built square meters

Real Estate in Edificio C/ Principe 5

Located at a prime address in the heart of Madrid, the newly renovated residences at Calle Principe 5 offer a unique living experience. Situated near a prestigious square, just steps from a world-renowned luxury hotel, the homes feature one-bedroom layouts with expansive, sunlit living rooms, designer kitchens, and fully equipped bathrooms. The building is equipped with a physical concierge and an elevator, ensuring comfort and convenience at every turn.

Advantages of a New Building Edificio C/ Principe 5

The properties boast top-quality finishes and are ideally positioned in one of Madrid's most sought-after neighborhoods. Residents will find themselves amidst the city's renowned cultural landmarks, such as the Prado, Reina Sofía, and Thyssen Bornemisza museums, hosting some of the world's most significant collections of both classic and contemporary art. The famous Retiro Park, a UNESCO World Heritage site and a vital green space for relaxation, is also close by, as is the bustling area around Puerta del Sol.

Life in the City Madrid

The area offers an impressive variety of cultural venues, dining options, and services, including shops, pharmacies, banks, and restaurants. With exceptional public transport links, including buses, the metro, and commuter trains, residents will enjoy effortless travel to any corner of the city. The vibrant urban lifestyle combined with seamless connectivity makes this an ideal location for those seeking to enjoy all that Madrid has to offer. The residences will be available for occupancy starting October 1, 2023.

Properties

from 60 from 425 000 

The information provided about prices, specifications, and details of this promotion is subject to possible variations and changes depending on the source. Therefore, it does not have commercial value in itself but is purely informative and indicative. This website does not market this project or property.

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Project information / Work status

  • Year of delivery2023
  • Delivery dateOctober
  • Building StateFinished

Promotion data

  • SecurityConcierge

Property data

  • built square meters60 m²
  • Property typeNew construction

Energy certification

  • Energy certificateA

Top new builds in Spain

Facilities

In building

  • Elevator
  • Concierge

Mortgage calculator

Property price
Down payment
30,00%
Term in years
Interest rate type
Interest rate
Purchase taxes and fees
9,00%
Calculate:,,,,,,,
Monthly mortgage payment1 416 €
Amount financed by bank297 500 €
Taxes and expenses38 250 €
Final property cost including expenses463 250 €
Property cost after mortgage payoff (with interest)
637 093 €
incl. interest: 173 843 €

Profitability calculator

Property price
Renovation cost
100 000 €
Purchase taxes and fees
9,00%
Calculate:,,,,,,,
Additional expenses
100 000 €
(fees, legal procedures, registration, other expenses)
Expected monthly rent
10 000 €
Exit property price

Expenses (annual estimates)

Property tax
Community fees
Insurance
Other expenses

Address

Madrid, Madrid, Center, Calle Principe, 5

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