Plaza del Marqués de Salamanca 11, Madrid, Madrid 28006 Spain
The apartment lives up to its grand location: The elegant entrance hall is paved with chequered marble, and the drawing room opens to a balcony and views over the plaza. To your right, a spacious living and dining area offers more balconies and magnificent views over the square.
Further in, you’ll find an ample kitchen and dining area created by renowned design and architecture studios INNER XXI and CUAIK. A curved interior bay window illuminates the casual dining area. Just off to one side is the utility room as well as a self-contained bedroom and bathroom area, perfect for a housekeeper or guest.
Follow an oak parquet corridor to three en suite bedrooms with ample clothes storage. The principal bedroom, located at the end for maximum privacy, boasts a generous and gently illuminated area for sleeping, relaxing, or working. The spacious bathroom, beyond the huge walk through wardrobe/dressing room, features floor and walls of solid, cool, grey marble.
The building also comes with a full spa, pool and sauna area, as well as a gym area kitted out with Technogym equipment that’s so cutting edge, you’ll exercise muscle groups you never even knew existed. And of course there’s a jet pool to soak off your exertions afterwards. A special fun feature is the robotic parking system, which allows every resident in the building to store and access their car simply and efficiently. The home comes fully furnished and professionally decorated.
How we estimated this 1/8 share price
We used market data to estimate the cost of turning this home into a Pacaso, which includes a full design makeover, limited company formation, and finding qualified owners.
|Purchase PriceWhole home: $7,163,679||$895,460|
|Upgrades, Taxes, and ClosingInterior design, furnishings, inspection, title & applicable taxes||$58,000|
|Pacaso Service FeeBuyer aggregation & legal||$114,540|
|Estimated 1/8 Ownership44+ nights per year||$1,068,117|
Make your move, on your terms
Whether you own a Pacaso or a whole second home, we make it easy to move or sell when you're ready.
Love co-ownership, but decide your Pacaso isn't the perfect fit? Forget buyer's remorse. Within your first year of ownership, you can transfer to another Pacaso that better suits your needs, hassle-free.
Time to move on? After 12 months of ownership, you can set your price, tap into our marketplace of buyers, and sell quickly and easily. On average, Pacaso listings resell in less 10 days, with a 10% gain.
Own an amazing second home, but don't use it very often? Sell part of your home to Pacaso, and keep the amount of ownership that's right for you, from 1/8 to 1/2. Leave the management to us!
Connect with our Crew
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Ready to talk now?Call +34 635-395-688.
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Understanding ownership costs
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Courtesy of - Colliers Madrid , Colliers Home - Colliers Residencial
Whole home list price: $7,163,679
All listings are represented by licensed independent brokerages.