§ El Cañaveral (Vicálvaro) is positioned as one of the areas with the greatest real estate projection in Madrid.
§ The average price of a new property in Cañaveral is 2,906 euros per square metre, with an average price of 2,906 euros per square metre. square metre
Activum Real Estate Consulting has developed an analysis that concludes that El Cañaveral, within the district of Vicálvaro, concentrates the most moderately priced new developments in the city of Madrid.
Currently the stock of available new-build properties is around 200 properties. Of this supply, 47% are three-bedroom, 34% are two-bedroom, 16% are four-bedroom and 3% are one-bedroom.
What are the prices of the Canaveral?
The average price of a new-build property in Cañaveral, where multi-family dwellings are the priority, is 2,906 euros per square metre, according to reports from Activum's Research department.
A typical three-bedroom flat in this area of Madrid, with 82 sqm.2 373,700, while one of more than 160 sqm can represent an investment of around2477,667, would be €477,667.
Map of El Cañaveral: Average prices/m2 of multi-family supply
Source: Activum.co.uk at 6/22
But have prices increased? prices?
El Cañaveral is a neighbourhood that is being revalued in terms of real estate. In this sense, buying a property in this area of Madrid in the last four years has experienced an increase of 1,020 per square metre, which represents a 52% increase in the final price. price.
The developments in the South East
The development of the El Cañaveral neighbourhood is progressing at a good pace and it is the the type of housing that will begin to be developed in the near future in the so-called Southeast Developments. future in the so-called Desarrollos del Sureste (Southeast Developments). These have different degrees of progress in their first stages degree of progress in their first stages: from north to south, to Los Cerros, Los Ahijones, Los Berroc Ahijones, Los Berrocales and Valdecarros. Between them they will have 100,000 housing, more than half of which will be protected. They represent a fundamental development of Madrid and a response to the extraordinary demand for housing in the capital. demand for housing in the capital.
