San Sebastián de los Reyes · Madrid

Renovated investment building, 17 duplex lofts

  • Tenanted
€2,958,000

Renovated 1,054 m² building in San Sebastián de los Reyes with 17 independent duplex lofts, 100% occupied and reporting 8.1% current profitability. Tenants access shared premium amenities, while ground-floor units have private gardens up to 40 m².

On Inmoblia since 10 September 2026 · Published by Jc Bienes Raices

The property

Specifications

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

Type
Building
Usable area
828 m²
Terrace
1,054 m²
Condition
Good condition
Occupancy
Tenanted
Fittings

Fittings and extras

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

  • Terrace 1,054 m²
  • Pool
  • Garden

The advert also mentions:

  • 17 independently registered duplex lofts
  • One- and two-bedroom units
  • Horizontal subdivision completed
  • Current profitability of 8.1%
  • Lease contracts expiring within three years
  • Waiting list of prospective tenants
  • Shared gym, swimming pool, spa, padel and beach volleyball facilities
  • Private ground-floor gardens up to 40 m²
  • Adjacent to Infanta Sofía Hospital and Alegra Shopping Centre
  • Metro line 10 and A-1 access

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

The verdict

What the analysis sees

The specific signals the model finds in this property and its municipality, before going into the score in detail.

In favour

  • In good conditionNo renovation needed to put it on the rental market.

Against

No notable risks in the available data.

Municipal momentum

Where the local market is heading.

Rent price index

INE · 2011 base = 100 · yearly

+2.5% interanual
118.6 20112014201820212024 105 · 2011105 · 2011103.7 · 2012103.7 · 2012101.1 · 2013101.1 · 201399.6 · 201499.6 · 2014100 · 2015100 · 2015101.1 · 2016101.1 · 2016102.7 · 2017102.7 · 2017105.3 · 2018105.3 · 2018109 · 2019109 · 2019110.2 · 2020110.2 · 2020111.2 · 2021111.2 · 2021113.4 · 2022113.4 · 2022115.7 · 2023115.7 · 2023118.6 · 2024118.6 · 2024

Housing transactions

MIVAU · deals per year

−13.6% interanual
1,001 20112015201820222025 1,436 · 20111,436 · 2011495 · 2012495 · 2012321 · 2013321 · 2013637 · 2014637 · 2014612 · 2015612 · 2015758 · 2016758 · 20161,340 · 20171,340 · 20171,072 · 20181,072 · 2018998 · 2019998 · 2019808 · 2020808 · 20201,283 · 20211,283 · 20211,076 · 20221,076 · 2022995 · 2023995 · 20231,158 · 20241,158 · 20241,001 · 20251,001 · 2025

These series describe the municipality's housing market; for this asset they are context for the area, not for its own segment.

Investment guide for San Sebastián de los Reyes

Municipal demand

The structural depth of demand in the area.

+0.9%Rent trajectory
0 = flat average annual growth of the municipal rent index (INE)
6%Unemployment rate (approx.)
median 10% unemployed over unemployed + social security contributors (a proxy comparable across municipalities)
+19.5‰Net migration
median 11.9‰ arrivals minus departures from abroad per 1,000 residents · a growing population sustains demand

Registered unemployment

SEPE · yearly average

−0.2% interanual
3,291 20192021202320242026 3,875 · 20193,875 · 20194,507 · 20204,507 · 20204,633 · 20214,633 · 20213,574 · 20223,574 · 20223,414 · 20233,414 · 20233,338 · 20243,338 · 20243,296 · 20253,296 · 20253,291 · 20263,291 · 2026

Average gross income

AEAT · annual tax return

+2.4% interanual
€43,196 20132016201820212023 €31,528 · 2013€31,528 · 2013€31,520 · 2014€31,520 · 2014€32,951 · 2015€32,951 · 2015€33,221 · 2016€33,221 · 2016€34,387 · 2017€34,387 · 2017€36,395 · 2018€36,395 · 2018€37,315 · 2019€37,315 · 2019€37,904 · 2020€37,904 · 2020€39,585 · 2021€39,585 · 2021€42,167 · 2022€42,167 · 2022€43,196 · 2023€43,196 · 2023

Registered population

INE · yearly population register

0.0% interanual
96,992 20112014201820222025 79,825 · 201179,825 · 201179,825 · 201179,825 · 201181,466 · 201281,466 · 201281,466 · 201281,466 · 201282,090 · 201382,090 · 201382,090 · 201382,090 · 201383,329 · 201483,329 · 201483,329 · 201483,329 · 201484,944 · 201584,944 · 201584,944 · 201584,944 · 201586,206 · 201686,206 · 201686,206 · 201686,206 · 201686,707 · 201786,707 · 201786,707 · 201786,707 · 201787,724 · 201887,724 · 201887,724 · 201887,724 · 201889,276 · 201989,276 · 201989,276 · 201989,276 · 201991,224 · 202091,224 · 202091,224 · 202091,224 · 202090,962 · 202190,962 · 202190,962 · 202190,962 · 202191,083 · 202291,083 · 202291,083 · 202291,083 · 202292,734 · 202392,734 · 202392,734 · 202392,734 · 202394,969 · 202494,969 · 202494,969 · 202494,969 · 202496,992 · 202596,992 · 202596,992 · 202596,992 · 2025

Net international migration

INE · immigration − emigration · yearly

−0.7% interanual
1,894 2021202220232024 -92 · 2021-92 · 20211,333 · 20221,333 · 20221,907 · 20231,907 · 20231,894 · 20241,894 · 2024

Recorded offences

Ministry of the Interior · cumulative

+93.5% interanual
10,473 202420252026 1,262 · 20241,262 · 20242,396 · 20242,396 · 20243,369 · 20243,369 · 20244,380 · 20244,380 · 20245,412 · 20255,412 · 20256,587 · 20256,587 · 20257,975 · 20257,975 · 20259,150 · 20259,150 · 202510,473 · 202610,473 · 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 sell for…

Comparable sales in San Sebastián de los Reyes, including those already sold.

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:

  • 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.