Log In/Sign Up
Your email has been sent.
Lavapiés-Embajadores 1,872 SF Retail Condo Unit Offered at $733,027 in Centro, Madrid 28012
Some information has been automatically translated.
Investment Highlights
- Privileged location in one of the neighborhoods with the highest projection in Madrid.
- Good communications by public transport.
Executive Summary
Residential building in the Lavapiés-Embajadores area, located in one of Madrid's most up-and-coming neighborhoods, highly sought after by both residents and tourists. Known for its diversity, artistic vibe, and proximity to iconic landmarks such as the Reina Sofía Museum, El Rastro, Plaza Mayor, and the Madrid de los Austrias district. A prime location with high foot traffic, excellent transportation connections, and surrounded by vibrant cultural and commercial activity.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 5.37% |
| Sale Type | Investment |
| Cap Rate | 5.37% |
Description
A group of two premises (two independent registry estates) currently unified in a single space, located entirely at street level, has a constructed area of 174 m2 according to the cadastre and has been renovated.
Sale Notes
Ref.: PR995593802
Commercial property with profitability in the lively Lavapiés-Embajadores neighborhood, just steps from Plaza de Cascorro and Tirso de Molina.
Currently leased to a company operating it as a hostel, with a rental contract in place until 2032, ensuring stable medium- and long-term income.
The contract includes a progressive rent increase, with estimated profitability reaching 5.2% over the course of the agreement, based on the published sale price.
A prime location with high pedestrian traffic, excellent connectivity, and surrounded by cultural and commercial activity. Lavapiés-Embajadores is one of Madrid's most promising neighborhoods, highly sought after by both residents and tourists. Known for its diversity, artistic vibe, and proximity to iconic landmarks such as the Reina Sofía Museum, El Rastro, Plaza Mayor, and Madrid de los Austrias, this area is ideal for investing in profitable real estate.
Commercial property with profitability in the lively Lavapiés-Embajadores neighborhood, just steps from Plaza de Cascorro and Tirso de Molina.
Currently leased to a company operating it as a hostel, with a rental contract in place until 2032, ensuring stable medium- and long-term income.
The contract includes a progressive rent increase, with estimated profitability reaching 5.2% over the course of the agreement, based on the published sale price.
A prime location with high pedestrian traffic, excellent connectivity, and surrounded by cultural and commercial activity. Lavapiés-Embajadores is one of Madrid's most promising neighborhoods, highly sought after by both residents and tourists. Known for its diversity, artistic vibe, and proximity to iconic landmarks such as the Reina Sofía Museum, El Rastro, Plaza Mayor, and Madrid de los Austrias, this area is ideal for investing in profitable real estate.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 1,872 SF | Retail | $733,027 ($391.57/SF) | $39,327.48 |
-
| Unit Size |
| 1,872 SF |
| Condo Use |
| Retail |
| Price |
| $733,027 ($391.57/SF) |
| NOI |
| $39,327.48 |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
-
| Unit Size | 1,872 SF |
| Condo Use | Retail |
| Price | $733,027 ($391.57/SF) |
| NOI | $39,327.48 |
| Sale Type | Investment |
| Cap Rate | 5.37% |
| Description | |
| A group of two premises (two independent registry estates) currently unified in a single space, located entirely at street level, has a constructed area of 174 m2 according to the cadastre and has been renovated.</li></ul> | |
| Sale Notes | |
| Ref.: PR995593802 <br> Commercial property with profitability in the lively Lavapiés-Embajadores neighborhood, just steps from Plaza de Cascorro and Tirso de Molina. <br> <br> Currently leased to a company operating it as a hostel, with a rental contract in place until 2032, ensuring stable medium- and long-term income. <br> <br> The contract includes a progressive rent increase, with estimated profitability reaching 5.2% over the course of the agreement, based on the published sale price. <br> <br> A prime location with high pedestrian traffic, excellent connectivity, and surrounded by cultural and commercial activity. Lavapiés-Embajadores is one of Madrid's most promising neighborhoods, highly sought after by both residents and tourists. Known for its diversity, artistic vibe, and proximity to iconic landmarks such as the Reina Sofía Museum, El Rastro, Plaza Mayor, and Madrid de los Austrias, this area is ideal for investing in profitable real estate.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Amenities
- Natural Light
Site Amenities
- Close to Public Transportation
1 1
-
RE/MAX Jumbo
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Lavapiés-Embajadores
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.