Your email has been sent.
La Latina 2,604 SF Retail Condo Unit Offered at $2,000,706 in Centro, Madrid 28005
Some information has been automatically translated.
Investment Highlights
- Net profitability: 5.40%.
- Excellent connection via Metro Line 5 and urban buses.
- Close to Plaza de la Cebada and Cava Baja.
- Consolidated area with strong appeal for investment.
Executive Summary
Residential building located in the heart of the La Latina neighborhood, within the Centro district. This is a historic and well-established area, characterized by traditional residential buildings, many of which have been renovated, preserving the architectural character of Madrid's old town. The environment is predominantly urban, with high residential demand both for permanent living and investment. The area offers a wide range of local shops, dining, and entertainment options, highlighted by its proximity to iconic spots such as Plaza de la Cebada, Cava Baja, and the surroundings of Mercado de la Cebada. It is also close to green areas like Madrid Río, which adds value to its residential use. In terms of transportation, the property has excellent public transport connections, being near the La Latina (L5) and Puerta de Toledo (L5) Metro stations, as well as multiple urban bus lines. Road connections are facilitated through the Ronda de Toledo and Bailén axes, with relatively quick access to the M-30.
1 Unit Available
Unit Pl:SM Pt:01
| Unit Size | 2,604 SF | Sale Type | Investment |
| Price | $2,000,706 | Cap Rate | 5.40% |
| Price Per SF | $768.32 | NOI | $108,038.13 |
| Condo Use | Retail |
| Unit Size | 2,604 SF |
| Price | $2,000,706 |
| Price Per SF | $768.32 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 5.40% |
| NOI | $108,038.13 |
Description
It has an area of 236 m2. It features an 8-meter façade that provides excellent visibility and street access.
Sale Notes
Ref.: EXP09345
Exclusive commercial property for sale with high profitability, located in the iconic La Latina neighborhood within Madrid's Centro district. This area is renowned for its vibrant atmosphere, strong tourist appeal, and bustling commercial activity, making it one of the busiest parts of the capital.
The property boasts a total area of 236 m², distributed across two commercial floors open to the public: a semi-basement and a mezzanine, allowing for optimal space utilization. It features an 8-meter linear façade, offering excellent visibility and direct street access.
The premises are equipped with an installed exhaust system, making it an ideal option for restaurant and nightlife activities. Additionally, it holds a Special Bar License, one of the few available in the Madrid de los Austrias area, which adds significant value and differentiation.
This asset represents a strategic opportunity for investors seeking a property with a special license in one of Madrid's most sought-after areas, combining high profitability with a prime location in the heart of the city.
Interior
Property Facts
Amenities
Site Amenities
- Public Transportation
Presented by
La Latina
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.