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Calle Cartaya 850 SF Office/Retail Condo Unit Offered at $189,060 in Móstoles, Madrid 28938

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Investment Highlights

Immediate surroundings with all types of services and shops nearby.

Good public transportation connection

Executive Summary

Residential property with 2,259 m² of built space distributed across six above-ground floors, located in Móstoles. Situated in a well-established area of Móstoles, a municipality south of Madrid with a large population. The location stands out for its residential surroundings and proximity to schools, health centers, and shops, ensuring a stable customer base. It offers excellent public transportation connections, with several bus stops and the Móstoles Central station just minutes away, providing easy access to Madrid and other areas within the municipality. Additionally, recent improvements in mobility and pedestrian access enhance its appeal for businesses seeking visibility and convenience for their clients.

Property Facts

Total Building Size	10,000 - 60,000 SF	Floors	6
Property Type	Multifamily (Condo)	Year Built	1980 - 1989
Property Subtype	Apartment	Parking	Yes
Building Class	C

Total Building Size	10,000 - 60,000 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment
Building Class	C
Floors	6
Year Built	1980 - 1989
Parking	Yes

Smoke Detector

Unit Amenities

Air Conditioning

Storage Space

Site Amenities

Elevator

Private Bathroom

1 Unit Available

Unit Pta. 01

Unit Size	850 SF	Sale Type	Investment
Price	$189,060	Cap Rate	6.60%
Price Per SF	$222.42	NOI	$12,477.99
Condo Use	Office/Retail

Unit Size	850 SF
Price	$189,060
Price Per SF	$222.42
Condo Use	Office/Retail
Sale Type	Investment
Cap Rate	6.60%
NOI	$12,477.99

Description

The commercial space, with an area of 79 square meters, is located on a corner, providing great visibility from the street. It features a large storefront, ideal for showcasing your business and attracting customers.

Inside, the space is functionally designed, adaptable for use as an office or professional practice, as it is currently occupied by an established management firm. The layout allows for customer service areas and separate workspaces, optimizing daily operations and ensuring comfort for both employees and clients.

The space also includes basic amenities, such as a functional bathroom and a small storage area, maintaining space efficiency and ensuring all business needs are met.

Sale Notes

Secure and profitable investment opportunity with guaranteed income from day one. This is a corner commercial space/office of 79 m2, located in a strategic area with high foot traffic and great visibility thanks to its large storefront.

Currently, the space is fully operational, occupied by a well-established management firm with a stable clientele and a solid reputation in the area. One of the most attractive aspects of this investment is that the business owner also owns the property and is willing to sign a 15-year lease agreement, ensuring long-term stability and a monthly rent of €950.

From a financial perspective, this asset stands out for its low maintenance costs, with community fees of only €14 per month and an annual property tax (IBI) of €738. Thanks to these conditions, the investment offers a net return of 6.6%, a percentage difficult to find in the current real estate market, especially with the guarantee of a solvent tenant committed for the long term.

Investing in this space guarantees a stable monthly income and allows you to acquire an asset with high demand and low risk. The combination of a prime location, secure lease agreement, and attractive profitability makes it an ideal option for both experienced investors and those looking for a safe alternative to generate passive income without complications.

This is a real estate investment with immediate profitability, stability, and a reliable tenant, making it a solid and secure option in the market.