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Investment Highlights

  • Established and well-connected area.
  • Possibility of changing use to residential.
  • Asset with potential for appreciation.
  • Direct access from the building's entrance.

Executive Summary

Residential building located in the Tetuán district, a well-established area in the north of Madrid with a distinctly urban character and a wide range of services. The surroundings stand out for their good public transport connections, with several EMT bus lines nearby and Metro stations close by that provide quick access both to the city center and to other districts. The area is well structured by major high-traffic roads that concentrate commercial activity and facilitate vehicle mobility. There is a wide variety of local services in the area, such as supermarkets, banks, pharmacies, and small neighborhood shops. It also has educational centers, daycare facilities, and healthcare services, including health centers and private clinics.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit Puerta ED
  • 516 SF
  • Retail
  • $219,410 ($425.21/SF)
  • -
Sale Type Investment or Owner User
Description
Commercial space of 48 square meters built and approximately 45 square meters at street level in Berruguete.
Sale Notes
In a context of sustained growth in residential prices, this property represents a strategic opportunity for those looking to create a personalized home or for investors who value assets with potential for appreciation and long-term growth.

Located on the ground floor with direct access from the building's entrance, the property has a built area of 48 m² and approximately 45 m² of usable space, allowing for a comfortable and highly efficient layout. The space offers the possibility of configuring two bedrooms, a spacious bathroom, and a living area with a lounge and open-plan kitchen, catering to current demands for functionality and comfort.

One of its standout features is the natural light that floods all rooms, thanks to its dual orientation towards Villaamil Street and the community courtyard—an aspect particularly valued in processes of converting commercial spaces into residential use.

The feasibility of such a conversion significantly enhances the appeal of this asset, which is located in a fully established area with excellent transportation links. Just a few steps from Ofelia Nieto and Francos Rodríguez streets, the surroundings combine residential living, local services, neighborhood shops, and convenient public transport connections, ensuring high demand for both personal use and rental purposes.

Due to its location, features, and urban development potential, this property stands out as a solid option for those seeking profitability, differentiation, or the opportunity to create a home with a unique identity in one of the most established areas of the district.
Unit Unit Size Condo Use Price NOI
Unit Puerta ED 516 SF Retail $219,410 ($425.21/SF) -

Unit Puerta ED

Unit Size
516 SF
Condo Use
Retail
Price
$219,410 ($425.21/SF)
NOI
-

Unit Puerta ED

Unit Size 516 SF
Condo Use Retail
Price $219,410 ($425.21/SF)
NOI -
Sale Type Investment or Owner User
Description
Commercial space of 48 square meters built and approximately 45 square meters at street level in Berruguete.</li></ul>
Sale Notes
In a context of sustained growth in residential prices, this property represents a strategic opportunity for those looking to create a personalized home or for investors who value assets with potential for appreciation and long-term growth. <br> <br> Located on the ground floor with direct access from the building&#39;s entrance, the property has a built area of 48 m&#178; and approximately 45 m&#178; of usable space, allowing for a comfortable and highly efficient layout. The space offers the possibility of configuring two bedrooms, a spacious bathroom, and a living area with a lounge and open-plan kitchen, catering to current demands for functionality and comfort.<br> <br> One of its standout features is the natural light that floods all rooms, thanks to its dual orientation towards Villaamil Street and the community courtyard—an aspect particularly valued in processes of converting commercial spaces into residential use.<br> <br> The feasibility of such a conversion significantly enhances the appeal of this asset, which is located in a fully established area with excellent transportation links. Just a few steps from Ofelia Nieto and Francos Rodr&#237;guez streets, the surroundings combine residential living, local services, neighborhood shops, and convenient public transport connections, ensuring high demand for both personal use and rental purposes.<br> <br> Due to its location, features, and urban development potential, this property stands out as a solid option for those seeking profitability, differentiation, or the opportunity to create a home with a unique identity in one of the most established areas of the district.</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 5
Year Built 1930 - 1939

Amenities

Site Amenities

  • Public Transportation
  • Listing ID: 40103375

  • Date on Market: 4/10/2026

  • Last Updated:

  • Address: Tetuán, Madrid 28039

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