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Ayuntamiento 3,444 SF Medical Condo Unit Offered at $698,674 in Getafe, Madrid 28901

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INVESTMENT HIGHLIGHTS

  • Proximity to the Cathedral of Santa María Magdalena and City Hall.
  • Good connection through public transportation and road network.

EXECUTIVE SUMMARY

Residential building located in Getafe. A short distance away is the Town Hall square and the historic center, where the Cathedral of Santa María Magdalena, the city's main heritage landmark, is located. The location has good connectivity through road networks and public transportation, including a commuter train station and several urban bus lines. This is a high-rise residential building intended for housing use, with direct access from the public street. The surrounding area is well-established and offers nearby services such as local shops, educational centers, healthcare facilities, and green spaces.

PROPERTY FACTS

Total Building Size 10,000 - 60,000 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 5
Year Built 1990 - 1999
Parking Yes

AMENITIES

UNIT AMENITIES

  • Instant Hot Water

SITE AMENITIES

  • Public Transportation

1 UNIT AVAILABLE

Unit 1-3

Unit Size 3,444 SF
Price $698,674
Price Per SF $202.87
Condo Use Medical
Sale Type Investment
Cap Rate 6.40%
NOI $44,715.12
DESCRIPTION

The property is located on the ground floor, with an approximate area of 320 m2. It is part of a mixed-use building in good condition and has direct access from the public street.

SALE NOTES

Commercial space located in Getafe.  
It is situated a short distance from the public transportation station and the main roadways M-406 and A-42, which provide easy access to the metropolitan area. The property is in a well-established, high-density residential area, close to educational facilities and commercial activity zones.  
The immediate surroundings offer a variety of services, including supermarkets, restaurants, and local shops, contributing to high pedestrian traffic.  
Currently leased under a recently signed contract to a reliable tenant.  
Gross yield of 6.5%.

  • Listing ID: 38331626

  • Date on Market: 11/5/2025

  • Last Updated:

  • Address: Getafe, Madrid 28901

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