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Calle del Papagayo 2,583 SF Retail Condo Unit Offered at $465,920 in Carabanchel, Madrid 28025
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Investment Highlights
- Expanding urban area with high housing demand.
- Flexible layout for multiple configurations.
- Possibility of change of use.
- Ideal for promoters, investors, or urban developers.
Executive Summary
Residential building with 3 above-ground floors located in the Abrantes area. It has good transportation links and a variety of businesses and services nearby.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Commercial space of 240 m² at street level in Abrantes.
Sale Notes
Located in a well-established urban area, this spacious commercial property of 240 m² built represents an exceptional opportunity for residential conversion projects or mixed-use purposes. With the change of use already permitted, the asset provides a solid foundation for developing housing, coworking spaces, creative studios, or hybrid solutions.
The property features a generous façade that enhances visibility and commercial appeal, along with excellent natural ventilation that allows for multiple interior configurations.
The surrounding area is marked by sustained growth, with new residential developments, local businesses, and services that further strengthen the added value of the asset.
The property features a generous façade that enhances visibility and commercial appeal, along with excellent natural ventilation that allows for multiple interior configurations.
The surrounding area is marked by sustained growth, with new residential developments, local businesses, and services that further strengthen the added value of the asset.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 01 | 2,583 SF | Retail | $465,920 ($180.38/SF) | - |
Unit 01
| Unit Size |
| 2,583 SF |
| Condo Use |
| Retail |
| Price |
| $465,920 ($180.38/SF) |
| NOI |
| - |
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Unit 01
| Unit Size | 2,583 SF |
| Condo Use | Retail |
| Price | $465,920 ($180.38/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Commercial space of 240 m² at street level in Abrantes.</li></ul> | |
| Sale Notes | |
| Located in a well-established urban area, this spacious commercial property of 240 m² built represents an exceptional opportunity for residential conversion projects or mixed-use purposes. With the change of use already permitted, the asset provides a solid foundation for developing housing, coworking spaces, creative studios, or hybrid solutions.<br> <br> The property features a generous façade that enhances visibility and commercial appeal, along with excellent natural ventilation that allows for multiple interior configurations. <br> <br> The surrounding area is marked by sustained growth, with new residential developments, local businesses, and services that further strengthen the added value of the asset.</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 | < 15,000 SF | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 3 |
| Property Subtype | Apartment | Year Built | 1970 - 1979 |
| Total Building Size | < 15,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 3 |
| Year Built | 1970 - 1979 |
Amenities
Site Amenities
- Public Transportation
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Street
Map
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Presented by
Calle del Papagayo
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