Renovated Property in Usera: 5.2% Net Yield

Vivienda reformada en Usera: rentabilidad del 5,2% neta. Renovated Property in Usera: 5.2% Net Yield. Appartement rénové à Usera : rendement net de 5,2 %. Renovierte Immobilie in Usera: 5,2 % Nettorendite. Immobile ristrutturato a Usera: rendimento netto del 5,2%. Imóvel Renovado em Usera: Rendimento Líquido de 5,2%.

Renovated Property in Usera: 5.2% Net Yield

Last Updated on 27 February 2026 by Equipo Urbanitae

We present a new Direct Investment opportunity in the Usera district, south of Madrid: a recently renovated, fully furnished, and already rented property that combines immediate yield with potential appreciation in one of the city’s most dynamic markets.
This opportunity is designed for investors seeking to generate income from day one, without technical uncertainty or downtime for renovation or marketing.

A Turnkey Asset

The property is currently rented at market price and comes with rent guarantee in place, reinforcing cash flow stability and minimizing default risk. No additional investment or pending work is required: the renovation is complete, and the property is delivered fully equipped.
From an operational standpoint, this means something very specific: an investment that starts working from minute one.

The estimated net yield from traditional rental is 5.2%, with annual income of €11,040 (€920 per month) and a controlled expense structure.

5-Year Asset Scenario

Beyond rental income, the differentiating appeal lies in the combined strategy of buy + rent + sell.
In an illustrative 5-year sale scenario:

Without financing:

  • Estimated IRR of 7.6%
  • Approximate capital gain of €60,087

With financing (standard leverage):

  • Initial capital from €57,112
  • Estimated IRR of 17.9%
  • Approximate capital gain of €44,653

Leverage significantly reduces the required equity and increases return on own capital, combining recurring income with debt amortization and asset appreciation.
The analysis also assumes a conservative 2% annual rent growth and moderate property value increase, adding prudence to the scenario.

Usera: Rising Demand and Urban Regeneration

The market context strengthens the investment thesis.
In recent years, Usera has entered a clear expansion phase:

Structural demand consistently exceeds available supply, driven by:

  • Proximity to the city center
  • Connection via Metro (L3 and L6), Cercanías C5, and direct access to M-30 and A-42
  • Close to hubs like Méndez Álvaro and Madrid Río
  • More competitive prices than districts like Arganzuela or Centro

Additionally, a major urban project is underway: the new pedestrian route connecting Plaza de las Tizas with Madrid Río, expected to finish in 2026. This corridor will improve urban integration, mobility, and likely positively impact nearby residential property values.

An Investment with Dual Engines

Overall, this property on Isabelita Street in Usera combines elements rarely found together in a single asset:

  • Renovated and rented property
  • Rent guarantee
  • Immediate yield of 5.2%
  • IRR scenario close to 18% with financing
  • Location in a district in a clear upward consolidation phase

It is an opportunity for investors seeking stable income today and asset growth tomorrow, in a market with solid fundamentals and sustained structural demand.
If your strategy involves adding residential property in Madrid with a professional, frictionless structure, this opportunity in Usera could fit perfectly into your portfolio.

About the Author /

diego.gallego@urbanitae.com

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