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Investment Highlights

  • Consolidated residential area with good public transportation connections.
  • Immediate surroundings with all types of services nearby.

Executive Summary

Residential property with 2,835 sqm built, distributed over nine above-ground floors, located in Pinar del Rey. High-end urban area with a wide range of services, shops, restaurants, educational centers, and close proximity to offices and corporate headquarters. Excellent connectivity by public transportation, with multiple bus lines and nearby Metro stations that provide easy access to the city center and other districts.

1 Unit Available

Unit Size 1,442 SF
Price $391,054
Price Per SF $271.19
Condo Use Retail
Sale Type Investment or Owner User
Description

Open-plan space of 125 usable square meters with a 10-meter storefront. Open and versatile layout.

Sale Notes

Commercial space for sale at street level in the Hortaleza district. This property is a former bank branch with over 10 meters of storefront, making it an ideal option for any type of business. The interior is open-plan, allowing for flexible redistribution according to the needs of the activity.

It features five large street-facing windows that provide excellent visibility and abundant natural light. Currently, the space includes five rooms and two restrooms, one of which is adapted for individuals with reduced mobility. The listed price does not include taxes such as VAT or ITP, nor does it cover costs for bank appraisal, notary services, administrative fees, or registration.

The property is surrounded by all the services and businesses in the area. The Hortaleza district is located in the northern part of the municipality and borders La Moraleja. It is a diverse development area that has significantly improved its infrastructure since the 1990s and is home to the Real Madrid Sports City.

The location offers excellent transportation connections, with several bus lines (9, 72, and N2) and the Pinar del Rey metro station nearby.

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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 9
Year Built 1980 - 1989

Amenities

Site Amenities

  • Elevator
  • Listing ID: 40158133

  • Date on Market: 4/15/2026

  • Last Updated:

  • Address: Hortaleza, Madrid 28016

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