Zona Centro Apartment Building $2,014,504 Aranjuez, Madrid 28300

This property represents a unique opportunity for investors seeking high-yield assets with strong appreciation potential. It is a three-story building located in a strategic area, very close to the city center and surrounded by established commercial zones, ensuring a steady flow of activity and demand. The 724 m² plot features a brick façade with terraces and a 25-meter frontage, along with a 30-meter side access that facilitates entry to the retail spaces and garage.
The asset includes two ground-floor commercial spaces with the possibility of changing their use, as well as over 500 m² that can be allocated for parking or additional commercial spaces. The upper floors house 10 residential units ranging from 60 m² to 130 m², 9 of which are currently rented under active contracts nearing expiration, allowing for renegotiation of terms to maximize income. The building currently generates solid revenue, with room to increase earnings by leasing the vacant retail spaces and unused areas.
Its prime location, versatility of uses, and stable rental income make it a secure investment with significant growth potential in the market.