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Calle Carabelos 635 SF Retail Condo Unit Offered at $170,643 in Usera, Madrid 28041
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Investment Highlights
- Established residential area.
- Just minutes away from all services.
Executive Summary
Residential building constructed in 1970. It has 5 above-ground floors, featuring apartments on the upper levels and commercial spaces on the ground floor.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
Description
Premises of 59 m² built according to the land registry, distributed on a single floor.
Sale Notes
Premises of 59 m² built, according to the property registry. The property is currently leased under a rental contract valid until February 2027, with a monthly rent of €900.
The buyer will assume the existing contract for the remaining term, maintaining the current conditions. Once the contract ends, the new owner can evaluate whether to renew or terminate the lease based on their interests.
The property represents an investment opportunity, both for the immediate return generated by the ongoing rental and for its potential conversion into residential use, offering an attractive margin for appreciation in the medium to long term.
The buyer will assume the existing contract for the remaining term, maintaining the current conditions. Once the contract ends, the new owner can evaluate whether to renew or terminate the lease based on their interests.
The property represents an investment opportunity, both for the immediate return generated by the ongoing rental and for its potential conversion into residential use, offering an attractive margin for appreciation in the medium to long term.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 | 635 SF | Retail | $170,643 ($268.73/SF) | - |
Unit 1
| Unit Size |
| 635 SF |
| Condo Use |
| Retail |
| Price |
| $170,643 ($268.73/SF) |
| NOI |
| - |
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Unit 1
| Unit Size | 635 SF |
| Condo Use | Retail |
| Price | $170,643 ($268.73/SF) |
| NOI | - |
| Sale Type | Investment |
| Description | |
| Premises of 59 m² built according to the land registry, distributed on a single floor.</li></ul> | |
| Sale Notes | |
| Premises of 59 m² built, according to the property registry. The property is currently leased under a rental contract valid until February 2027, with a monthly rent of €900.<br> <br> The buyer will assume the existing contract for the remaining term, maintaining the current conditions. Once the contract ends, the new owner can evaluate whether to renew or terminate the lease based on their interests.<br> <br> The property represents an investment opportunity, both for the immediate return generated by the ongoing rental and for its potential conversion into residential use, offering an attractive margin for appreciation in the medium to long term.</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 | Building Class | C |
| Property Type | Multifamily (Condo) | Floors | 5 |
| Property Subtype | Apartment | Year Built | 1970 - 1979 |
| Total Building Size | 10,000 - 60,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 5 |
| Year Built | 1970 - 1979 |
Amenities
Site Amenities
- Public Transportation
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1 of 2
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Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Calle Carabelos
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