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Calle de Antonio Acuña 2,098 SF Flex Condo Unit Offered at $2,125,689 in Retiro, Madrid 28009
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Investment Highlights
- Prime location in the heart of the Salamanca District.
- Annual gross yield: 4.7%.
- Reliable Tenant (Sale & Leaseback).
- New long-term lease agreement, to be agreed upon 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 | $2,125,689 | Sale Type | Investment |
| Price Per SF | $1,013.20 | Sale Conditions | Sale Leaseback |
| Unit Size | 2,098 SF |
| Price | $2,125,689 |
| Price Per SF | $1,013.20 |
| Condo Use | Flex |
| Sale Type | Investment |
| Sale Conditions | Sale Leaseback |
Description
This is a property of 195 m2, currently set up as a clinic.
Sale Notes
Ref. EXP11235 Investment opportunity in real estate located on Antonio Acuña Street, an absolutely privileged location.
Situated just 50 meters from the iconic Retiro Park and 30 meters from the commercial O'Donnell Street, this asset is at the heart of luxury and distinction in Madrid. The Salamanca neighborhood is a high-demand market with a scarcity of properties, established as a safe haven for international capital.
The main advantage of this offer is the security provided by its tenant. The property houses a reputable dental clinic with over 35 years of history, a pioneer in Spain in the technique of immediate load dental implants.
The current owner of the clinic is also the owner of the property and is committed to formalizing a long-term lease agreement with the new investor. This completely eliminates the risk of vacancy and brokerage costs, ensuring a stable and secure income flow from the moment of purchase.
Investment details:
Sale Price: €1,790,000 (€9,179/m2), a competitive price considering that the average price in the most exclusive areas of the district exceeds €11,000/m2.
Guaranteed Tenant: Prestigious and proven solvent dental clinic.
Monthly Rent: €7,000.
Annual Gross Return: 4.7%, an attractive figure in line with the luxury rental market in Madrid.
Contract: New long-term lease agreement, to be agreed upon with the investor.
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Presented by
Calle de Antonio Acuña
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