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For Sale property id: 77916047

New Development located in Madrid

USD 284,010 + Mortgage Calculator
EUR 248,500
, Timón, Madrid, Community of Madrid, Spain
  • 1 bedroom
  • 1 bathroom
  • 21.000000006419 m²

Description

Overview:

Hotel 101—Madrid is the first one in Europe, bringing its innovative “one room, one price, anywhere” concept to one of the continent's most vibrant capitals, strategically located in Valdebebas. It has 680 rooms, designed for both global travellers seeking comfort, consistency, and convenience and investors seeking a fully managed, hassle-free property.




Each unit is sold with a condominium title, allowing international investors to own a titled hotel room in Spain. Backed by a strong operating history in Asia, Hotel101 – Madrid combines applied management technology, eco-efficient design (LEED certification in progress), and a compelling value proposition within the growing mid-range hotel segment.




The unit owner receives 30% of the gross room revenue (real property and income taxes apply) the 16th day of each month, while the 70% goes for the operating expenses, repairs and maintenance.




Location:

The hotel is in an exceptional location, just 2 minutes from Valdebebas train station, 5 minutes from Madrid Adolfo Suárez Airport, and 20 minutes from downtown Madrid.




Furthermore, it has privileged views directly onto the track map of the F1 Grand Prix to be held in Madrid, which increases the asset's value exponentially.




It is next to IFEMA Madrid, the city's main trade fair and congress centre, and one of the largest in Europe, generating more than €5 billion annually.




Features:

This hotel has 680 rooms spread over nine storeys. All rooms have the same design and size: 21 square meters, known as Happy Rooms. They include 1 queen bed and 1 single bed. They feature a television and a kitchenette with a sink, microwave, and refrigerator. Air conditioning and heating are included in the room.




Moreover, Hotel101 includes features and amenities not typically found in 3-star hotels, such as a fitness gym, outdoor pool and bar, on-site convenience store, children's playground, laundry area, business centre…

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