--- title: Hotel investment | Madrid description: "Investment in Flex Living apartments in Madrid: Kora Lumen offers apartments with guaranteed returns and fully delegated management. Invest in a hotel complex and generate passive income." --- EN [ES](https://kora-lumen.kategora.com?hsLang=es) [CA](https://kora-lumen.kategora.com/ca?hsLang=es) ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/logo-kategora.png) ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/logo-lumen.svg) FLEX LIVING ACCOMMODATIONS UNITS WITH FULL MANAGEMENT INVEST IN MADRID'S HOTEL SECTOR HOTEL INVESTMENT WITH GUARANTEED RETURNS: WE BRING YOU AN OASIS UNDER THE SKY OF MADRID [Request the dossier](https://kora-lumen.kategora.com/en#form-lumen-id) ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/slide_03_hd.jpg) ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/slide_01_hd.jpg) ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/slide_02_hd.jpg) ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/wired-outline-18-location-pin-hover-jump%20(1).gif) MADRID TECHNOLOGY DISTRICT ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/wired-outline-947-investment-hover-pinch%20(1).gif) 7% ESTIMATED NET RETURN ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/wired-outline-102-price-tag-euro-hover-flutter.gif) FROM 230.000 € AN **INVESTMENT** TO REACH THE SKY Investing with Kategora is always a good idea. Investing in Madrid, too. Now you can do both with Kora Lumen, the new project located in the heart of the capital's tech district (MadBit). 325 accommodation units for you to invest in, and enjoy whenever you like. A true oasis in Madrid where nature finds its place, with almost 3,000 m² of communal areas. Leave your details to receive comprehensive investment information. Discover why this is a smart investment. ### Request the dossier ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/logo-lumen.svg) ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/sostenibilidad.svg) We use technologies such as aerothermal systems and solar panels to achieve the lowest environmental impact. That way, your investment is sustainable. ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/WEB_DRAWFIELD_MADBIT-09-Patio.jpg) ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/equipamiento.svg) Terraces, designer furniture, spectacular interior design, and all the comforts and equipment you need. ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/WEB_DRAWFIELD_MADBIT-27-Habitacion%20B%20copia.jpg) ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/inversion.svg) Nearly two decades of experience have allowed us to create a successful model already replicated in 17 developments. So you can invest with total peace of mind. ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/WEB_DRAWFIELD_MADBIT-14-Recepci%C3%B3n%20A%20copia.jpg) ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/zonas_comunes.svg) Swimming pool, restaurants, gardens, coworking spaces, gyms, gastrobars, terraces, event areas… Everything you need, and on a grand scale. ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/WEB_DRAWFIELD_MADBIT-07-Piscina%20copia.jpg) ![](https://kora-lumen.kategora.com/hubfs/Kora%20Lumen/mapa-rosa.svg) LOCATION IN THE HEART OF MADRID'S TECHNOLOGY DISTRICT MadBit has united institutions, businesses, and residents alike. A district with the fastest internet connections in the country, close to IFEMA and just minutes from the airport, has attracted both multinationals and startups. A prime location where the entire hospitality sector wants to be and Kategora is already present with Kora Lumen: 325 units with almost 3,000 m² of communal areas: restaurant, gastro zones, gyms, coworking, swimming pool... ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/WALK_ICON.gif) JUST 3 MINUTES FROM SUANZES METRO STATION (LINE 5) THE BEST LOCATION **CONNECTED** TO EVERYTHING AND EVERYONE Kora Lumen is Kategora’s latest project, with a current portfolio of 3 operational complexes and 13 more in the design and development phase. We understand the demand for urban Flex Living in today’s society, and our extensive experience adds real value to your investment. We currently manage Flex Living properties in: [MORE INFORMATION](https://kora-lumen.kategora.com/en#form-lumen-id) 1 METRO SUANZES 2 CL. UNIV. NAVARRA 3 UNIV. NAVARRA 4 EST.METROPOLITANO 5 UNIV. ALFONSO X 6 UNIV. COMPLUTENSE 7 A IFEMA 13 MIN 8 A AEROPUERTO 15 MIN ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/mapa-con-cosas.png) DISCOVER KORA LUMEN AN OASIS UNDER THE SKY OF MADRID ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/DRAWFIELD_MADBIT-07-Piscina.jpg) ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/DRAWFIELD_MADBIT-14-Recepci%C3%B3n%20A.jpg) ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/DRAWFIELD_MADBIT-09-Patio.jpg) ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/DRAWFIELD_MADBIT-18-Yoga%20exterior.jpg) ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/DRAWFIELD_MADBIT-25-Coworking.jpg) ![](https://kora-lumen.kategora.com/hubfs/Kora%20Lumen/slider/DRAWFIELD_MADBIT-06-Acceso.webp) ![](https://kora-lumen.kategora.com/hubfs/Kora%20Lumen/slider/DRAWFIELD_MADBIT-01-Aerea.jpg) ![](https://kora-lumen.kategora.com/hubfs/Kora%20Lumen/slider/DRAWFIELD_MADBIT-15-Recepci%C3%B3n%20B.webp) ![](https://kora-lumen.kategora.com/hubfs/Kora%20Lumen/slider/DRAWFIELD_MADBIT-16-Recepci%C3%B3n%20C.webp) ![](https://kora-lumen.kategora.com/hubfs/Kora%20Lumen/slider/DRAWFIELD_MADBIT-23-Livers%20interior.webp) ![](https://kora-lumen.kategora.com/hubfs/Kora%20Lumen/slider/DRAWFIELD_MADBIT-27-Habitacion%20B.webp) ![](https://kora-lumen.kategora.com/hubfs/Kora%20Lumen/slider/DRAWFIELD_MADBIT-20-Txoco%20ext.jpg) ![](https://kora-lumen.kategora.com/hubfs/Kora%20Lumen/slider/DRAWFIELD_MADBIT-22-Livers%20exterior.webp) ![](https://kora-lumen.kategora.com/hubfs/Kora%20Lumen/slider/DRAWFIELD_MADBIT-31-Acceso%20habitaciones.webp) ![](https://kora-lumen.kategora.com/hubfs/Kora%20Lumen/slider/DRAWFIELD_MADBIT-28-Habitacion%20C.webp) ![](https://kora-lumen.kategora.com/hubfs/Kora%20Lumen/slider/DRAWFIELD_MADBIT-26-Habitacion%20A.webp) ![](https://kora-lumen.kategora.com/hubfs/Kora%20Lumen/slider/DRAWFIELD_MADBIT-21-Txoco%20interior.webp) ![](https://kora-lumen.kategora.com/hubfs/Kora%20Lumen/slider/DRAWFIELD_MADBIT-02-Aerea%20Nocturna%20(sin%20blanco).jpg) ![](https://kora-lumen.kategora.com/hubfs/Kora%20Lumen/slider/DRAWFIELD_MADBIT-19-Yoga%20interior.webp) ![](https://kora-lumen.kategora.com/hubfs/Kora%20Lumen/slider/DRAWFIELD_MADBIT-29-Habitacion%20D.webp) ![](https://kora-lumen.kategora.com/hubfs/Kora%20Lumen/slider/DRAWFIELD_MADBIT-12-Cubierta.jpg) ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/arrow-left.svg) ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/arrow-right.svg) YOUR INVESTMENT JOIN OVER 1,300 **INVESTORS** Kora Lumen is Kategora’s latest project, with a current portfolio of 7 operational complexes and 23 more in the design and development phase. We understand the demand for urban Flex Living in today’s society, and our extensive experience adds real value to your investment. We currently manage Flex Living properties in: - Vitoria Gasteiz (Kora Green City) - Pamplona (Kora Kiliki) - Valencia (Kora lluna) - Barcelona (Kora Mostra) [REQUEST THE DOSSIER](https://kora-lumen.kategora.com/en#form-lumen-id) ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/wired-gradient-2154-percentage-hover-pinch.gif) 7% AVERAGE RETURN Estimated return, fully net of expenses ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/wired-gradient-2447-invoice-receipt-euro-hover-pinch%20(1).gif) FROM 230,000€ An excellent price for a premium complex ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/wired-gradient-423-key-hover-roll.gif) OPENING IN 2027 Estimated launch date ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/mobile_icon.gif) YOUR INVESTMENT AT YOUR FINGERTIPS With our app, you can monitor your investment in real time and manage your stays at Kora Living ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/acc86d3dd09d51e4036eb594bc729dc5a41831e4.jpg) ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/logo-kategora.png) A **TEAM** DEDICATED TO YOUR **INVESTMENT** We know your investment matters—and you expect results. That’s why at Kategora, we specialize in advising and safeguarding your profitability day by day. With nearly two decades of real estate investment experience, we put it to work for you. Team members +250 Projects 23 Years of experiences 20 Units under management 3.000 Countries 3 Investors +1.300 Investment vehicles 30 Gross Asset Value over +1.300MM PROJECTS KORA REWARDS MANY KORAS TO DISCOVER Stay at our Kora Living resorts and residential complexes with exclusive benefits and priority access to our new developments. [MORE INFORMATION](https://kora-lumen.kategora.com/en#form-lumen-id) KATEGORA APP - Monitor your investment in real time and manage your reservations at Kora Living quickly and easily ENJOY YOUR INVESTMENT - Enjoy stays in your apartment during selected periods, subject to availability and terms of use A BACKED MODEL - 20 years of experience, more than 1,300 investors, and 3,000 units in operation or under development support our business model ## A MODEL WITH A **PROVEN TRACK** RECORD Discover the Kategora properties operating under our Kora Living hotel brand and supporting this investment model. ![recortada 1](https://kora-lumen.kategora.com/hs-fs/hubfs/recortada%201.png?width=710&height=479&name=recortada%201.png) ### Kora Nivaria Beach 10,2% Returns Achieved in 2025 A hidden paradise in Tenerife 122 apartments & villas in Los Abades, Tenerife Prime seafront location ![ElConfortDeTuHogar 3 1](https://kora-lumen.kategora.com/hs-fs/hubfs/ElConfortDeTuHogar%203%201.png?width=709&height=479&name=ElConfortDeTuHogar%203%201.png) ### Kora Green City 9,6% Returns Achieved in 2025 Europe's largest passivhaus accommodation development 180 Apartments in Vitoria-Gasteiz, Álava #1 Rated accommodation on Booking ![20260327\_txocos\_07](https://kora-lumen.kategora.com/hs-fs/hubfs/20260327_txocos_07.jpg?width=6192&height=4128&name=20260327_txocos_07.jpg) ### Kora Lluna Operating for less than one year In the heart of El Cabanyal, Valencia’s most authentic seaside neighbourhood 428 apartaments in El Cabanyal, Valencia Over 2,000 sqm of shared spaces ![kora tigot min](https://kora-lumen.kategora.com/hs-fs/hubfs/kora%20tigot%20min.jpg?width=800&height=534&name=kora%20tigot%20min.jpg) ### Kora Tigot Operating for less than one year Located next to one of the island's premier golf courses 88 apartments in San Miguel de Abona, Tenerife A waterfront paradise ![kora kiliki min](https://kora-lumen.kategora.com/hs-fs/hubfs/kora%20kiliki%20min.jpg?width=800&height=534&name=kora%20kiliki%20min.jpg) ### Kora Kiliki Operating for less than one year Contemporary design with navarrese character 167 apartments in Soto Lezkairu, Pamplona A fast-growing neighbourhood ![20260324\_cafeteria\_02 (2)](https://kora-lumen.kategora.com/hs-fs/hubfs/20260324_cafeteria_02%20(2).jpg?width=5056&height=3392&name=20260324_cafeteria_02%20(2).jpg) ### Kora Olea Operating for less than one year An experience built fibre by fibre, layer by layer 180 apartaments in Costa del Sol, Málaga Málaga is not just a place to visit. It is a place to live. ## ANY QUESTIONS? - WHAT TYPE OF INVESTMENT IS THIS? It involves the purchase of apartments with delegated management. The main objective is to maximize rental income through comprehensive, professional management focused on short-, mid-, and long-term stays. - WHAT RETURN WILL I RECEIVE? We estimate an approximate net return of 7%, fully net of expenses. - WHAT COSTS DOES THE OWNER ASSUME? All structural and maintenance costs are covered by the manager. You will only need to pay annual municipal taxes (IBI). - ARE THE UNITS FULLY EQUIPPED? Yes. Each accomodation unit is delivered fully furnished and equipped with a kitchen, energy-efficient appliances, high-quality furniture, linens, tableware, TV, lighting, and décor. Furnishing packages vary depending on the apartment type. - CAN I SELL MY UNIT AT ANY TIME? Yes. As the 100% owner, you can sell your unit whenever you choose, with no restrictions. Kategora can also advise you to ensure the best possible sale. - WHAT IS THE PROFITABILITY CALCULATED ON? Profitability is calculated based on the purchase price of the apartment, regardless of its square footage, orientation, or floor level. - Is the unit's profitability reduced when it is not rented out? The entire complex is operated as a whole; there is no individual management of each apartment. Therefore, it does not matter whether a particular apartment is occupied more or less frequently. What matters is the income generated by the complex as a whole, which is then distributed according to each owner's participation coefficient, defined by the purchase price. All income and expenses are pooled together. The variable return has no cap; this model aims to distribute everything that is generated, although we estimate an annual return of around 7% (fixed + variable). - WHO HANDLES MAINTENANCE? Kategora provides comprehensive maintenance of the entire complex. This ensures that investors benefit from full-service management. - HOW WILL I RECEIVE MY RENTAL INCOME? A fixed and guaranteed portion is paid quarterly. A variable portion is paid annually, based on real operating results and verified by an external audit. - HOW CAN I TRACK MY INVESTMENT? Transparency is key at Kategora. With the Kategora App, you can monitor your investment in real time and access all related documents and financial reports. - WHAT DOES “FLEX LIVING” MEAN? Flex Living is a new accommodation concept characterized by its ability to adapt to the needs and preferences of each guest staying with us. Following the success of Kora Green City in Vitoria, Kategora has developed and launched new complexes under the same Flex Living concept: Kora Lluna in Valencia, Kora Kiliki in Pamplona, and Kora Olea in Málaga. In addition, we continue to expand our presence with new projects currently under development, such as Kora Lumen and Kora Mostra, which will further strengthen this flexible, sustainable, and innovative accommodation model. - CAN IT BE USED AS A PRIMARY RESIDENCE? This is not a residential development. It is a hotel development designed purely as an investment. - 10-YEAR CONTRACT + 10-YEAR EXTENSION. WHAT ARE THE THERMS OF THIS CONTRACT? Our commitment is for 10 years, renewable for an additional 10 years. We therefore offer a minimum of 20 years of management. At the end of the initial 10-year period, a decision will be made on whether to continue with Kora as the operator or select another operator through a tender process that we will launch. All proposals received will be submitted to the owners, who will decide by absolute majority. However, under current regulations, since the property is operated under a hotel regime, it must always be managed by a professional operator. ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/logo-kategora.png) [+34 944 245 378](tel:+34944245378) | [info@kategora.com](mailto:info@kategora.com) | Gran Vía 2 - 8º 48001 Bilbao (Spain) [Legal Notice](https://kategora.com/en/legal-notice/) | [Cookies Consent](https://kategora.com/en/cookies-consent/) | [Privacy Policy](https://kategora.com/en/privacy-policy/) | [Internal Reporting System](https://whistleblowersoftware.com/secure/Kategora) ![](https://kora-lumen.kategora.com/hubfs/kora-lumen/logo-kategora.png) [+34 944 245 378](tel:+34944245378) [sales@kategora.com](mailto:info@kategora.com) Gran Vía 2 - 8º 48001 Bilbao (Spain) [Legal Notice](https://kategora.com/en/legal-notice/) [Cookies Consent](https://kategora.com/en/cookies-consent/) [Privacy Policy](https://kategora.com/en/privacy-policy/) [Internal Reporting System](https://whistleblowersoftware.com/secure/Kategora)