Flat in calle de Enrique Urquijo, 210

, Vicálvaro, Madrid, Spain

Listed NaN years ago

3beds

2baths

117 m²area

3Bedrooms

2Bathrooms

117 m²Area

N/AYear Built

ApartmentType

Vicálvaro, SpainLocation

About

"“Galivivienda Eon” is a development of 371 homes distributed across five buildings, adhering to Law 3/2024 and the Madrid City Council's agreement dated 10/29/2024, published in BOCM number 260, on October 31, 2024. The benefits of this Law allow you to enjoy these homes for 15 years by paying a limited rent for publicly protected housing (VPPL). After those 15 years, the homes will be free rent and sale. EON MODEL - WHY IS IT DIFFERENT? VERY IMPORTANT: The price listed in this advertisement corresponds to the estimated cost of the home upon completion of construction. In 15 years, the price (partner's award value) will correspond to the increase in costs attributable to each home minus 100% of the rents paid during that period. In the EON buildings, even if you enter as a tenant, you will live like a true owner from day one. The great advantage for GALIVIVIENDA partners who join this development is that 100% of the rents paid during the fifteen years are applied to the payment of the home. Real examples: 2-bedroom home, with garage and storage room: Estimated award value at the end of construction: €315,000 Estimated award value in year 16: €386,549 Rents paid over 15 years: €259,906 Amount to pay in year 16: €165,296 3-bedroom home, with 2 garages and storage room: Estimated award value at the end of construction: €430,000 Estimated award value in year 16: €521,000 Rents paid over 15 years: €308,263 Amount to pay in year 16: €212,737 During the rental period, the partner enjoys the home as if they were the owner, as everything paid goes towards the final payment. OTHER PARTNER OPTIONS: Another great advantage of the EON model is that the partner can: ✔ Designate a family member as a tenant. ✔ Or allow the Cooperative to rent the home for 15 years. In both cases, in year 16, the partner can acquire the home, equally discounting the rents paid. CONSTRUCTION PHASES: Five buildings in staggered development Construction will be progressive: EON I Building – Plot M7-D – 64 homes EON II Building – Plot M9-C – 64 homes EON III Building – Plot M8-C EON IV Building – Plot M10-C EON V Building – Plot M3-D – 81 homes INDUSTRIALIZED CONSTRUCTION Ávita System GALIVIVIENDA has reached an agreement with the construction company AVINTIA to execute the five buildings using the industrialized "ávita system," which allows for: Reduction of execution times Greater quality control and assurance Energy savings for end-users HOW TO BECOME A PARTNER To become a partner and join the development: Complete the application form Deposit the minimum partner amount: €100 Send the documentation to: Subsequently, you will be able to reserve a home and formalize the contract. ECONOMIC CONDITIONS Share capital: €95,000 Distributed as follows: €5,000 upon contract formalization €15,000 upon obtaining the building permit €35,000 prior to land purchase €35,000 in 20 payments from the start of construction €5,000 upon formalization of the rental contract Very important: The €95,000: Is not an expense Is an investment refundable after 15 years Is transferable to third parties Is inheritable Requirements to access a VPPL Be of legal age or an emancipated minor. Have legal residence in Spain. Not own a home. Not exceed 7.5 times the IPREM.".