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Investment Highlights

  • Consolidated residential area with good communication by public transport.
  • Immediate environment with all kinds of services around.

Executive Summary

Residential property of 2,835 m2 built distributed over nine floors above ground located in Pinar del Rey. High-level urban area with a wide range of services, shops, restaurants, educational centers and proximity to offices and corporate headquarters. Excellent connectivity via public transport, with multiple bus lines and nearby Metro stations that provide easy access to the center and other districts.

1 Unit Available

Unit Size 1,442 SF
Price $393,822
Price Per SF $273.11
Condo Use Retail
Sale Type Investment or Owner User
Description

Open-plan room of 125 m2 useful with a façade with windows of 10 meters. Diaphanous and versatile distribution.

Sale Notes

Street-level retail space for sale in the Hortaleza district. This was formerly a bank branch with more than 10 meters of storefront, making it an ideal option for almost any type of business. The interior is open-plan and allows for flexible redistribution according to the needs of the activity.

It has five large street-facing display windows that provide great visibility and abundant natural light. It currently has five rooms and two restrooms, one of them adapted for people with reduced mobility. The listed price does not include taxes such as VAT or Transfer Tax, nor bank appraisal fees, notary, administrative processing, or registry costs.

The property is surrounded by all the services and shops in the area. The Hortaleza district occupies the northern part of the municipality and borders La Moraleja; it is a heterogeneous development area that has significantly improved its infrastructure since the 1990s and is home to Real Madrid’s Sports City.

The location offers very good public transportation connections via several bus lines (9, 72, and N2) and the metro, with Pinar del Rey 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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