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Carretera de Torrelodones 807 SF Retail Condo Unit Offered at $147,912 in Galapagar, Madrid 28260
Some information has been automatically translated.
Investment Highlights
- Authorized change of use from commercial premises to residential property.
- Facade and direct access to the Torrelodones Road with a bus stop at the entrance.
- Estimated renovation cost of €38,000 to create two bedrooms.
- Located at a convenient distance from Madrid, with excellent connections in the area.
Executive Summary
Residential building with ground-floor retail spaces in Galapagar. Located on a main street with high foot traffic.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Retail space of 75 m² at street level in Galapagar.
Sale Notes
This property offers a unique investment opportunity on Torrelodones Street in Galapagar. Originally designed as an open-plan commercial space with direct street-level access, it now has legally approved zoning for residential use. The area combines a dynamic local commerce scene with excellent connectivity, including direct frontage on Torrelodones Road and a bus stop right at the door. Nearby, you'll find shops, cafés, and essential services, creating a practical and attractive environment for personal use or rental potential.
The space is approximately 75 m² on a single open-plan floor, making it adaptable to various configurations. An architectural preliminary design has been completed, and the estimated budget for renovation and conversion into a modern two-bedroom residence is €38,000. Thanks to its street-level visibility and easy access to the center of Galapagar, this property offers significant advantages for those seeking urban living. Its location near major roads and within close proximity to Madrid's metropolitan area makes it an accessible opportunity for investors, developers, or individuals looking to undertake a project with strong potential for value appreciation.
The space is approximately 75 m² on a single open-plan floor, making it adaptable to various configurations. An architectural preliminary design has been completed, and the estimated budget for renovation and conversion into a modern two-bedroom residence is €38,000. Thanks to its street-level visibility and easy access to the center of Galapagar, this property offers significant advantages for those seeking urban living. Its location near major roads and within close proximity to Madrid's metropolitan area makes it an accessible opportunity for investors, developers, or individuals looking to undertake a project with strong potential for value appreciation.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Puerta AG, Esc. A | 807 SF | Retail | $147,912 ($183.29/SF) | - |
Unit Puerta AG, Esc. A
| Unit Size |
| 807 SF |
| Condo Use |
| Retail |
| Price |
| $147,912 ($183.29/SF) |
| NOI |
| - |
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Unit Puerta AG, Esc. A
| Unit Size | 807 SF |
| Condo Use | Retail |
| Price | $147,912 ($183.29/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Retail space of 75 m² at street level in Galapagar.</li></ul> | |
| Sale Notes | |
| This property offers a unique investment opportunity on Torrelodones Street in Galapagar. Originally designed as an open-plan commercial space with direct street-level access, it now has legally approved zoning for residential use. The area combines a dynamic local commerce scene with excellent connectivity, including direct frontage on Torrelodones Road and a bus stop right at the door. Nearby, you'll find shops, cafés, and essential services, creating a practical and attractive environment for personal use or rental potential.<br> <br> The space is approximately 75 m² on a single open-plan floor, making it adaptable to various configurations. An architectural preliminary design has been completed, and the estimated budget for renovation and conversion into a modern two-bedroom residence is €38,000. Thanks to its street-level visibility and easy access to the center of Galapagar, this property offers significant advantages for those seeking urban living. Its location near major roads and within close proximity to Madrid's metropolitan area makes it an accessible opportunity for investors, developers, or individuals looking to undertake a project with strong potential for value appreciation.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | > 50,000 SF | Floors | 3 |
| Property Type | Multifamily (Condo) | Year Built | 1990 - 1999 |
| Property Subtype | Apartment | Parking | Yes |
| Building Class | C |
| Total Building Size | > 50,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 3 |
| Year Built | 1990 - 1999 |
| Parking | Yes |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Carretera de Torrelodones
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