ARGIS has launched a €50 million residential project, ARGIS North Tower, in northern Madrid, featuring 68 energy-efficient homes with modern amenities.
Information on the Target
ARGIS has embarked on an ambitious residential development named ARGIS North Tower, situated on Avenida de Burgos in the northern region of Madrid. This project represents a substantial investment of €50 million and is set to feature a total of 68 housing units ranging from one to three bedrooms. The offering will include penthouses as well as ground-floor apartments that come with private gardens, ensuring that all units have access to terraces or outdoor areas.
The design of the ARGIS North Tower prioritizes energy efficiency, achieving an impressive A rating. Residents will benefit from a range of amenities, including a gym, swimming pool, children's play area, social room, and pet-friendly spaces, creating an appealing living environment for individuals and families alike.
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Industry Overview in Spain
The residential real estate market in Spain has shown resilience and growth following the downturn caused by the COVID-19 pandemic. Demand for high-quality housing has particularly surged in urban areas, driven by both domestic buye
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Transaction Size: $54M