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Lucero 753 SF Retail Condo Unit Offered at $255,241 in Latina, Madrid 28011

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Investment Highlights

Location in the Batán area, Latina district.
Connection via M-30 and A-6.

Proximity to the West Park.

Executive Summary

Residential building located in the Latina district, within the municipality of Madrid. The area offers educational centers, sports facilities, and green spaces. The location has good connectivity through the urban road network and access to the M-30 and A-6, making it easy to reach the center of Madrid and neighboring districts. Additionally, there are nearby metro stations such as Batán (Line 10) and several urban bus lines that connect to various points in the city.

Property Facts

Total Building Size	> 50,000 SF	Building Class	C
Property Type	Multifamily (Condo)	Floors	10
Property Subtype	Apartment General Retail Storefront Retail/Residential	Year Built	1960 - 1969

Total Building Size	> 50,000 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment General Retail Storefront Retail/Residential
Building Class	C
Floors	10
Year Built	1960 - 1969

Unit Amenities

Heating

Instant Hot Water

Site Amenities

Close to Public Transportation

Elevator

1 Unit Available

Unit -

Unit Size	753 SF	Condo Use	Retail
Price	$255,241	Sale Type	Investment or Owner User
Price Per SF	$338.96

Unit Size	753 SF
Price	$255,241
Price Per SF	$338.96
Condo Use	Retail
Sale Type	Investment or Owner User

Description

Premises with a constructed area of approximately 70 m2 (about 62 m2 usable).

Sale Notes

Premises located in the Batán area, an environment with high potential for urban transformation.

The property represents an excellent opportunity for a project to change its use to residential, an increasingly demanded alternative due to its proximity to green areas, services, and public transportation.

The location allows easy access to the Batán Metro station and nearby bus stops, ensuring quick communication with the center of Madrid and other strategic areas of the city.

Additionally, the premises are situated in an area benefiting from the undergrounding of the A-5 and the creation of the new large urban park of Batán, which will significantly improve the environment and boost the appreciation of properties in the area. Due to its size, location, and potential, it represents an attractive opportunity for both investors and individuals looking to develop a residence in a well-established area with future prospects.