Zona Centro Apartment Building $2,095,909 Aranjuez, Madrid 28300

This property represents a unique opportunity for investors seeking assets with high profitability and potential for appreciation. It is a three-story building located in a strategic area, very close to the city center and surrounded by established commercial areas, ensuring a constant flow of activity and demand. The 724 m2 plot offers a brick facade with terraces and a 25-meter frontage, as well as a 30-meter side access that facilitates entry to the premises and garage.
The asset includes two commercial spaces on the ground floor with the possibility of changing their use, as well as more than 500 m2 that can be allocated to a garage or new commercial spaces. On the upper floors, there are 10 residential units ranging from 60 m2 to 130 m2, of which 9 are currently rented with active contracts and upcoming expirations, allowing for renegotiation of terms to maximize income. Currently, the building generates solid income, with room to increase it by occupying the vacant premises and spaces.
Its prime location, diversity of uses, and rental stability make it a safe investment with great potential in the market.