Maldonado 24 / Residential

We advised Ares in the purchase of a residential building located at 24 Maldonado Street, in the Salamanca neighborhood, between Velázquez and Príncipe de Vergara Streets, one of the most representative residential areas of Madrid.

The property has an area of approximately 1,713 m2. and has 14 representative homes, most of which have a surface area of between 100 m2 and 120 m2, and 3 commercial premises.

The building has been acquired by Ares, with the aim of undertaking its refurbishment for subsequent commercialization on a rental basis. The investment volume of the operation is € 8.5 million.