Madrid gains prominence in Caterina's national portfolio with the new Plaza Castilla building, adding 18 apartments in a residential area

The capital of Spain gains prominence and specific weight in Caterina's national portfolio with the new Plaza Castilla building, located in the Tetuán district, adding 18 apartments to the company's specialized flexible living offering. With Plaza Castilla, Caterina reaches property number 23 in its product portfolio and strengthens its presence in Madrid with a fifth building already in operation.

 Also present in Barcelona and Malaga, the operator thus reinforces its residential offering in the three cities and maintains its development plan for the first quarter of the year. True to its philosophy of offering guests the best locations and services for medium-term stays, the Barcelona-based operator has chosen a residential area suitable for families but very close to Madrid's Plaza Castilla, a key hub for economic and business activity in the capital. 

This location perfectly combines living comfort with proximity to the city's work and leisure areas. It borders Paseo de la Castellana and Nuevos Ministerios Square, and is close to the financial complex of the Cuatro Torres, as well as the Moncloa and Fuencarral districts.

Recently completely renovated

Specifically, the Caterina Plaza Castilla property consists of 18 fully furnished and equipped apartments with 1 and 2 bedrooms, some with private terraces, 24-hour service, and nearby parking. Built in 1965, it has been completely renovated in the just-finished year 2023, perfectly meeting the demand of professionals looking to enjoy the 'Caterina Experience.' Similarly, Caterina Plaza Castilla is well-connected with various public transportation options, including the metro, train, and urban bus, providing added value to its location given occasional traffic issues in the Spanish capital. 

It is worth noting its proximity to Los Pinos Park, a large green area in a former private estate of the Canal de Isabel II, where segments of the famous viaduct built between 1851 and 1858 can be seen, supplying water to the city of Madrid. Caterina Plaza Castilla thus consolidates the company's national expansion strategy with over 300 apartments and an annual growth rate of 100%, continuing into the current year 2024 with new openings in the three cities where it is present.

Moreover, thanks to its recent alliance with Meridia Capital Partners, Caterina has the support of a leading alternative investment manager in Spain with over 1,000 million euros in assets under management. As a specialized proptech with a high degree of digitization, the operator creates an optimal residential experience tailored to the demands of today's professionals. Want to know more about this fantastic building? Click HERE and discover the types, distances, and nearby points of interest.