Engel & Völkers, the world leading German real estate brokerage company has reached an agreement with the Socimi Excem Capital Partners, who specialise in the residential property sector, to start a new real estate investment project aimed at young renters.
This project, which began with the objective of meeting the growing demand in the property rentals for young people, both students and young professionals in large cities, offers the investor very stable returns.
Excem Group is well aware of this niche market and has chosen this real estate company to offer a greater volume of investment properties in Madrid. With more than 300 real estate consultants just in the capital alone, Engel & Völkers intermediates the properties that are the most sought-after by Socimi Excem: renovation homes that are priced at around 500,000 euros and located in the most central areas or close to major universities. Most of the sales have been carried out in Chamberí, Centro and Salamanca.