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Av. de San Diego, 136 1,926 SF Retail Condo Unit Offered at $341,546 in Puente de Vallecas, Madrid 28018
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Investment Highlights
- Transit area with multiple services around.
- Good communication by public transport.
Executive Summary
Residential property with 2,251 m² built, distributed across five above-ground floors, located in Puente de Vallecas. The building was constructed in 1976, has a favorable technical inspection (ITE), and the next inspection is scheduled for 2035. Situated in a well-established commercial area, surrounded by supermarkets, restaurants, and all types of services. The neighborhood offers good access to public transportation and local amenities, making it a suitable location for proximity-based businesses or investment in commercial spaces.
Property Facts
| Total Building Size | 24,230 SF | Floors | 5 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 4,951 SF |
| Property Subtype | Apartment | Year Built | 1976 |
| Building Class | C | Lot Size | 0.16 AC |
| Total Building Size | 24,230 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 5 |
| Typical Floor Size | 4,951 SF |
| Year Built | 1976 |
| Lot Size | 0.16 AC |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Security System
Site Amenities
- On-Site Retail
1 Unit Available
| Unit Size | 1,926 SF | Condo Use | Retail |
| Price | $341,546 | Sale Type | Investment |
| Price Per SF | $177.33 |
| Unit Size | 1,926 SF |
| Price | $341,546 |
| Price Per SF | $177.33 |
| Condo Use | Retail |
| Sale Type | Investment |
Description
The property has a constructed area of 179 m² and a façade of 6 linear meters, which provides great exposure and visibility.
Sale Notes
Sale of commercial premises located in the Vallecas district, Madrid. The property has a built area of 179 m2 and a frontage of 6 linear meters, offering excellent visibility. The sale price is 290,000 euros, with no fees for the buyer, and it currently generates a gross return of 6.8% thanks to an existing 5-year lease contract, starting in October 2025, with a monthly rent of 1,650 euros. The current tenant is a grocery store and café managed by Caribian Global Muñoz de la Cruz S.L. Community expenses amount to 55 euros per month and the property tax (IBI) is 518 euros annually, both covered by the landlord, while TRU expenses are the responsibility of the tenant. The energy rating is F and E. This is a safe and profitable investment in Madrid. The building was constructed in 1976, has a favorable technical inspection (ITE), and the next inspection will be in 2035. The energy rating is F and E. This is a safe and profitable investment in Madrid.
Fachada
Interior
Interior
Interior
Presented by
Av. de San Diego, 136
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