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Calle de Antonio Acuña 2,098 SF Flex Condo Unit Offered at $2,084,376 in Retiro, Madrid 28009
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INVESTMENT HIGHLIGHTS
- Prime location in the heart of Barrio Salamanca.
- Annual gross yield: 4.7%.
- Reliable Tenant (Sale & Leaseback).
- New long-term lease agreement, to be negotiated with the investor.
EXECUTIVE SUMMARY
Residential building located in the municipality of Madrid. It is situated at 21 Antonio Acuña Street, in the Retiro district, just a few steps from El Retiro Park, one of the city's main green and heritage spaces. The immediate surroundings feature a high-standard residential configuration, with the presence of local shops, dining options, and cultural facilities. The area benefits from excellent connectivity via Menéndez Pelayo Avenue and O'Donnell Street, providing quick access to the M-30 and other major city thoroughfares. Public transportation is readily available through the Ibiza metro station (Line 9), located a short distance away, as well as several bus lines with stops on nearby streets.
PROPERTY FACTS
| Total Building Size | 10,000 - 60,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 7 |
| Property Subtype | Apartment | Year Built | 1950 - 1959 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 7 |
| Year Built | 1950 - 1959 |
1 UNIT AVAILABLE
Unit DR
| Unit Size | 2,098 SF | Condo Use | Flex |
| Price | $2,084,376 | Sale Type | Investment |
| Price Per SF | $993.51 | Sale Conditions | Sale Leaseback |
| Unit Size | 2,098 SF |
| Price | $2,084,376 |
| Price Per SF | $993.51 |
| Condo Use | Flex |
| Sale Type | Investment |
| Sale Conditions | Sale Leaseback |
DESCRIPTION
It is a 195 m2 property, currently set up as a clinic.
SALE NOTES
Ref. EXP11235
Real estate investment opportunity located on Antonio Acuña Street, an absolutely privileged location.
Situated just 50 meters from the iconic Retiro Park and 30 meters from the bustling O’Donnell Street, this property is at the heart of luxury and distinction in Madrid. The Salamanca neighborhood is a high-demand market with limited supply, established as a safe haven for international capital.
The main advantage of this offer is the security provided by its tenant. The property serves as the headquarters of a renowned dental clinic with over 35 years of history, a pioneer in Spain in immediate load dental implant techniques.
The current owner of the clinic is also the owner of the property and is committed to signing a long-term lease agreement with the new investor. This completely eliminates the risk of vacancy and intermediary costs, ensuring a stable and secure income stream from the moment of purchase.
Investment details:
Sale Price: €1,790,000 (€9,179/m2), a competitive price considering the average price in the most exclusive areas of the district exceeds €11,000/m2.
Guaranteed Tenant: Prestigious and financially sound dental clinic.
Monthly Rent: €7,000.
Annual Gross Yield: 4.7%, an attractive figure aligned with the luxury rental market in Madrid.
Lease Agreement: New long-term lease agreement to be negotiated with the investor.
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Presented by
Calle de Antonio Acuña
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