Stoneweg has managed to close a record sale in its Skyline project located in the Tetuán neighborhood (Madrid) in the middle of the coronavirus pandemic. The Swiss real estate platform and CBRE – commercializer- They have transacted one of their five penthouses – there are only three available – for about 1.2 million euros, as informed sources familiar with the operation to idealista / news.
The Stoneweg Skyline project -located at Paseo de la Dirección, 161- has suffered a significant acceleration after the confinement of the population caused by the coronavirus. The rate of reservations has increased also coinciding with the opening of a showroom in the heart of Paseo de la Castellana, as announced exclusively by idealista / news.
In October of last year, the company broke the million-euro barrier by transacting for a little more than that amount one of the five penthouses of the 24-story skyscraper (excluding the pool located at 25) that it builds in the district of Tetouan, as reported Expansion. But now, The platform headed in Spain by Joaquín Castellví has once again broken its own record by closing the sale of another penthouse for 1.2 million euros in a residential market that is still analyzing the consequences of the coronavirus pandemic.
The attic is located on the 24th floor of the tower that markets CBRE and has a constructed area of approximately 124 m2. The apartment also has a 26 m2 terrace, two bedrooms, east orientation, garage and storage room. The price of the m2 is somewhat higher than the 5,500 euros registered in the operation last October and is well above the average price of the m2 in the district – just over 3,400 euros, according to Tinsa-.
This transaction is a sample of the good health enjoyed by this exclusive ‘amenity’ promotion in Madrid. “To date the sales rhythms have recovered, with approximately 25% of the promotion sold. and with the work in progress evolving according to the deadlines set after obtaining a license ”, he states Samuel Population, director of Residential of CBRE.
A sales rate that has also been favored by the new preferences of people looking for a new construction house after the appearance of covid-19. “After the months of state of alarm, the Skyline project has gained even more interest among potential home buyers, valuing very positively the wide and open spaces of the houses, generous terraces, luminosity, clear and panoramic views, as well as common areas with two swimming pools, urban garden, space for coworking / teleworking, gym / SPA and large parks around the development ”, explains Population.
Another record operation
It should be noted that in December 2018, the Swiss also registered another record by disbursing the highest amount paid for a residential land in Madrid. The Spanish-Swiss fund Stoneweg bought the residential land from Dragados for 130 million euros, the most expensive operation in the history of the capital, as advanced by idealista / news. The land has 40,000 m2.
Stoneweg has positioned itself in the last year as one of the leading residential developers in Spain, specifically in the luxury housing segment. Directed by two Spaniards, Jaume Sabater and Joaquín CastellvíIn the beginning, Stoneweg’s investment portfolio was generated through the purchase of real estate from banks, the Asset Company from Bank Restructuring (Sareb) and private owners.
The properties managed by Stoneweg are located in exclusive areas of Madrid, in Puerta de Hierro, El Viso, Almagro, and in Barcelona, in the neighborhoods of Les Corts or Sant Gervasi, in towns on the outskirts of these cities (Móstoles, Alcalá de Henares, Premià de Dalt) and in coastal destinations (Ibiza, Palamós, Platja d’Aro, Estepona, Orihuela).
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