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Investment Highlights

  • Busy and commercial area.
  • Good communication by public transport.

Executive Summary

Residential property with 3,017 m2 built, distributed across seven above-ground floors, located in the Nuevos Ministerios-Ríos Rosas area. Busy residential area surrounded by shops and services, with good public transportation connections.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • -
  • 1,776 SF
  • Retail
  • $832,158 ($468.56/SF)
  • $41,607.91
Sale Type Investment
Cap Rate 5.00%
Description
Practically open space, very bright and with 3.4 m ceilings. It has a large main area, office or meeting room, toilets and warehouse, all in excellent condition and with the possibility of dividing by means of partitions.
Sale Notes
Sale of a high-yield corner commercial space with extensive usage possibilities in Nuevos Ministerios-Ríos Rosas.

Bright and nearly open-plan, this splendid property stands out for its pleasant natural lighting, ideal for both staff comfort and customer service. It features ceilings up to 3.4 meters high in most areas and is distributed into a spacious main area, an office or meeting room, restrooms, and storage space. The entire property is in excellent condition and offers multiple configuration options, easily adaptable with partitions.

Currently, the space is leased to an established business that has occupied the property for nearly five years, with a lease valid until August 2026. If you're looking for an investment, you can start earning rental income immediately and negotiate a potential renewal. If you plan to use it for your own business, occupancy would be possible once the current lease ends.

The property includes pre-installed air conditioning, an electric shutter, additional access through the building's entrance, and central heating with individualized consumption.

The cadastral built area, including common elements, is 186 m², with a constructed area of 165 m² and a verified usable area of 140 m². Annual expenses are low: property tax (IBI) is €170, and the waste collection fee is €35.

Located in a prime area with high residential density and a wealthy surrounding community, the property benefits from constant foot traffic from both local residents and professionals from the numerous nearby offices. The location offers excellent transportation links, with several bus lines and the Nuevos Ministerios transport hub — including Metro and commuter trains — just a few minutes' walk away.
Unit Unit Size Condo Use Price NOI
- 1,776 SF Retail $832,158 ($468.56/SF) $41,607.91

-

Unit Size
1,776 SF
Condo Use
Retail
Price
$832,158 ($468.56/SF)
NOI
$41,607.91

-

Unit Size 1,776 SF
Condo Use Retail
Price $832,158 ($468.56/SF)
NOI $41,607.91
Sale Type Investment
Cap Rate 5.00%
Description
Practically open space, very bright and with 3.4 m ceilings. It has a large main area, office or meeting room, toilets and warehouse, all in excellent condition and with the possibility of dividing by means of partitions.</li></ul>
Sale Notes
Sale of a high-yield corner commercial space with extensive usage possibilities in Nuevos Ministerios-R&#237;os Rosas.<br> <br> Bright and nearly open-plan, this splendid property stands out for its pleasant natural lighting, ideal for both staff comfort and customer service. It features ceilings up to 3.4 meters high in most areas and is distributed into a spacious main area, an office or meeting room, restrooms, and storage space. The entire property is in excellent condition and offers multiple configuration options, easily adaptable with partitions.<br> <br> Currently, the space is leased to an established business that has occupied the property for nearly five years, with a lease valid until August 2026. If you&#39;re looking for an investment, you can start earning rental income immediately and negotiate a potential renewal. If you plan to use it for your own business, occupancy would be possible once the current lease ends.<br> <br> The property includes pre-installed air conditioning, an electric shutter, additional access through the building&#39;s entrance, and central heating with individualized consumption.<br> <br> The cadastral built area, including common elements, is 186 m&#178;, with a constructed area of 165 m&#178; and a verified usable area of 140 m&#178;. Annual expenses are low: property tax (IBI) is €170, and the waste collection fee is €35.<br> <br> Located in a prime area with high residential density and a wealthy surrounding community, the property benefits from constant foot traffic from both local residents and professionals from the numerous nearby offices. The location offers excellent transportation links, with several bus lines and the Nuevos Ministerios transport hub — including Metro and commuter trains — just a few minutes&#39; walk away.</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.
Total Building Size 10,000 - 60,000 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class C
Floors 7
Year Built 1950 - 1959

Amenities

Site Amenities

  • Private Bathroom
  • Listing ID: 38222070

  • Date on Market: 10/27/2025

  • Last Updated:

  • Address: Chamberí, Madrid 28003

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