Algete · Madrid · 28110

Duplex penthouse in Algete, 141 m²

€309,000

Two-bedroom duplex penthouse with a versatile upper floor, large terrace, open views and access to a communal pool in Algete.

On Inmoblia since 29 August 2026 · Published by Remax Action

The property

Specifications

What the advert says about the property: floor area, layout, condition and registry details.

Some advert data is uncertain

We show the source-reported value for context, but exclude it from calculations until the conflicting evidence is resolved.

Type
Duplex
Usable area
141 m²
Bathrooms
2
Floor
ático
Year built
1978
Fittings

Fittings and extras

What the property comes with and how much each item weighs in the “Property data” sub-score.

  • Terrace +3
  • Pool Communal +2
  • Top floor +3

The advert also mentions:

  • Versatile upper-floor space
  • Potential third bedroom
  • Open views
  • Private residential development
  • Schools, shops, public transport and green spaces nearby

Free text we could not normalise into a comparable attribute, so it does not score.

How these values score

Municipal momentum

Where the local market is heading.

Rent price index

INE · 2011 base = 100 · yearly

+3.3% interanual
118.5 20112014201820212024 104.6 · 2011104.6 · 2011102.2 · 2012102.2 · 201299.3 · 201399.3 · 201398.5 · 201498.5 · 2014100 · 2015100 · 2015101.4 · 2016101.4 · 2016102.2 · 2017102.2 · 2017104.8 · 2018104.8 · 2018108.5 · 2019108.5 · 2019108.7 · 2020108.7 · 2020109.9 · 2021109.9 · 2021112.6 · 2022112.6 · 2022114.7 · 2023114.7 · 2023118.5 · 2024118.5 · 2024

Housing transactions

MIVAU · deals per year

−1.4% interanual
216 20112015201820222025 69 · 201169 · 201160 · 201260 · 201269 · 201369 · 2013103 · 2014103 · 2014121 · 2015121 · 2015150 · 2016150 · 2016202 · 2017202 · 2017232 · 2018232 · 2018196 · 2019196 · 2019206 · 2020206 · 2020249 · 2021249 · 2021234 · 2022234 · 2022171 · 2023171 · 2023219 · 2024219 · 2024216 · 2025216 · 2025

Investment guide for Algete

Municipal demand

The structural depth of demand in the area.

7.2 yearsPurchase affordability
median 8.1 years years of household income to pay for the home (€42,711/year)
+1.0%Rent trajectory
0 = flat average annual growth of the municipal rent index (INE)
7%Unemployment rate (approx.)
median 10% unemployed over unemployed + social security contributors (a proxy comparable across municipalities)
+9.9‰Net migration
median 12.1‰ arrivals minus departures from abroad per 1,000 residents · a growing population sustains demand

Registered unemployment

SEPE · yearly average

−5.4% interanual
683 20192021202320242026 867 · 2019867 · 20191,028 · 20201,028 · 20201,087 · 20211,087 · 2021840 · 2022840 · 2022800 · 2023800 · 2023763 · 2024763 · 2024722 · 2025722 · 2025683 · 2026683 · 2026

Average gross income

AEAT · annual tax return

−1.4% interanual
€42,711 20132016201820212023 €35,431 · 2013€35,431 · 2013€36,747 · 2014€36,747 · 2014€36,787 · 2015€36,787 · 2015€37,080 · 2016€37,080 · 2016€37,704 · 2017€37,704 · 2017€39,548 · 2018€39,548 · 2018€41,132 · 2019€41,132 · 2019€39,678 · 2020€39,678 · 2020€42,173 · 2021€42,173 · 2021€43,323 · 2022€43,323 · 2022€42,711 · 2023€42,711 · 2023

Registered population

INE · yearly population register

0.0% interanual
21,144 20112014201820222025 20,701 · 201120,701 · 201120,701 · 201120,701 · 201120,585 · 201220,585 · 201220,585 · 201220,585 · 201220,136 · 201320,136 · 201320,136 · 201320,136 · 201320,102 · 201420,102 · 201420,102 · 201420,102 · 201420,148 · 201520,148 · 201520,148 · 201520,148 · 201520,311 · 201620,311 · 201620,311 · 201620,311 · 201620,419 · 201720,419 · 201720,419 · 201720,419 · 201720,473 · 201820,473 · 201820,473 · 201820,473 · 201820,611 · 201920,611 · 201920,611 · 201920,611 · 201920,864 · 202020,864 · 202020,864 · 202020,864 · 202020,749 · 202120,749 · 202120,749 · 202120,749 · 202120,767 · 202220,767 · 202220,767 · 202220,767 · 202220,991 · 202320,991 · 202320,991 · 202320,991 · 202321,167 · 202421,167 · 202421,167 · 202421,167 · 202421,144 · 202521,144 · 202521,144 · 202521,144 · 2025

Net international migration

INE · immigration − emigration · yearly

−17.1% interanual
209 2021202220232024 30 · 202130 · 2021269 · 2022269 · 2022252 · 2023252 · 2023209 · 2024209 · 2024

Recorded offences

Ministry of the Interior · cumulative

+84.2% interanual
2,023 202420252026 218 · 2024218 · 2024450 · 2024450 · 2024621 · 2024621 · 2024870 · 2024870 · 20241,098 · 20251,098 · 20251,324 · 20251,324 · 20251,557 · 20251,557 · 20251,780 · 20251,780 · 20252,023 · 20262,023 · 2026

Recorded offences (municipalities over 20,000 residents only, from 2024) are territorial context: they do not label an area “safe” or “unsafe”, nor do they measure tenant risk.

Comparables

Similar properties nearby

Real references of the same municipality and type, to cross-check rent and price. They are not necessarily active offers.

They let for…

Comparable rentals in Algete, including those already let.

This is a shortlisting pass over the advert's data, not a due diligence report. Before deciding, check the points we cannot verify from here:

  • Possession: that it is vacant, with no squatters and no tenants on a live contract.
  • If it is let, the current rent, the type of contract and its expiry date.
  • The real state of repair and services (possible hidden renovation work) and a valid energy certificate.
  • The real service charge and, above all, whether any special levies are approved or pending: they appear in the minutes of the last owners' meetings.
  • The property's actual IBI: our figure is an estimate from the municipality's cadastral values, not the specific bill.
  • Charges, mortgages, seizures or easements in the Land Registry extract.