All vehicles

Vehicle · Flex Living · Vicálvaro

Vik Living

The largest project by floor area to date: flex living in Vicálvaro, within Madrid's South-East Urban Development (Los Ahijones), with operations expected to begin in 2028 and targeting BREEAM and Fitwel certifications.

Calle Pirotecnia 70 · Vicálvaro, Madrid

General information

Flex living in Madrid's south-east

Description

A flex living scheme with a diversified mix of studios and one-, two- and three-bedroom apartments, with part of the units set aside for short stays.

An inverted-U building (GF+4) with an industrialised precast structure —columns, L/T beams and prestressed hollow-core slabs— and deep pile foundations. A high-performance envelope, a 132.5 kWp photovoltaic installation and aerothermal systems covering more than 70% of domestic hot water from renewables. 10 adapted apartments and 10 adapted parking spaces, and 8 accessible lifts (Spanish building code CTE DB-SUA). The project is pursuing the BREEAM and Fitwel environmental certifications.

Beyond the included amenities, the operator offers pay-per-use services such as cleaning, towel changes, an additional parking space or pet admission.

Services and amenities

Sport and wellness

  • Gym
  • Wellness area
  • Pool
  • Padel
  • Basketball
  • Calisthenics

Leisure and social life

  • Cinema room
  • Social club
  • Café
  • BBQ

Workspaces

  • Coworking
  • Meeting room

Building services

  • Laundry
  • Parking
  • Storage room
  • Pet area

Asset location

In Madrid's south-east, in Los Ahijones

Clean aerial view of the Vik Living surroundings in Vicálvaro with the plot marked, next to the M-45, in the Los Ahijones development
Vicálvaro · South-East Urban Development (Los Ahijones), next to the M-45

The project

How life will look at Vik Living

Render of the Vik Living façade in Vicálvaro, by day
Façade by day · Inverted-U complex
Render of the Vik Living façade at sunset, with the garden in the foreground
Façade at sunset · Inner garden
Night render of Vik Living with the building lit above the garden
Façade at night · Complex lighting
Render of the Vik Living pool in the landscaped courtyard
Pool · Landscaped courtyard
Render of the communal garden courtyard at Vik Living
Garden courtyard · Shared areas

Investment timeline

From land to exit

  1. Milestone 01

    Land purchase

    Acquisition of the land in Los Ahijones and start of the investment.

  2. Milestone 02 · In progress

    Permit

    Application for and obtaining of the building permit.

  3. Milestone 03

    Building works

    Start and execution of the works on the flex living building.

  4. Milestone 04

    Works completion and final certificate

    Completion of the works and obtaining of the final works certificate.

  5. Milestone 05

    Income stabilisation

    Start of operation — expected in 2028 — and maturing of occupancy and rents.

  6. Milestone 06

    Possible exit

    Divestment expected once the asset is stabilised.

Closed vehicle

Vik Living is no longer open to new investors

The vehicle is closed to new co-investors. If you are considering a co-investment, Cesaraugusta Prime — prime rental in Zaragoza — is still open: we will walk you through the assumptions, risks, structure and terms in its investment memorandum.

Talk to the team