parking spaces
Written by Contact Us

Parking spaces, profitability and prices

Like an accordion, political changes cause modifications and affect the real estate sector. The case of Central Madrid reflects this situation. The decision of the former municipal government of Manuela Carmena to close a large area of ​​the capital to traffic, meant an increase in the price of purchase prices and rental of parking spaces. Now, the tables have changed and a new question arises: if the situation is reversed, what will happen to the garage market in that area?

A question that industry experts, including Luis Corral, CEO of Contact Us, have addressed in the magazine Inversión. But not only Madrid, profitability and prices are also analyzed throughout Spain.

Key questions for those who want to invest in this market segment. What should you keep in mind? In what areas? The profitability of the garages oscillates, on average, between the 5 and the 7%, above the 4% of the floors. But yes, you have to analyze what is bought and where.

ACCESS THE NEWS IN THE INVESTMENT MAGAZINE

Did you like the article? Share it!Share on Facebook
Facebook
0Tweet about this on Twitter
Twitter
Share on LinkedIn
Linkedin
Email this to someone
e-mail
Print this page
Print

Leave a comment

Your email address will not be published. Required fields are marked *

This website uses its own and third party cookies in order to facilitate navigation and analyze the use of it. By continuing browsing we understand that you accept our Cookies policy. You can change the settings of cookies at any time. ACCEPT