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Paseo Castellana, 274 1,291 SF Office Condo Unit Offered at $1,108,481 in Chamartín, Madrid 28046
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Investment Highlights
- Offices in profitability
- Excellent location
- Ideal for investors
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
Sale Notes
Fantastic loft-style offices with high profitability located in the Castellana area, directly across from the Four Towers in Madrid.
These consist of three spaces totaling 125 m² with direct street-level access, offering the possibility of converting them into three ground-floor residential units, each with direct street access and access to the building's courtyard.
The spaces are fully renovated, exterior-facing, bright, and situated right next to a park at the property's doorstep.
Currently operated as short-term rental accommodations through a temporary rental operator, they yield a 7% return.
Perfect opportunity for investors.
These consist of three spaces totaling 125 m² with direct street-level access, offering the possibility of converting them into three ground-floor residential units, each with direct street access and access to the building's courtyard.
The spaces are fully renovated, exterior-facing, bright, and situated right next to a park at the property's doorstep.
Currently operated as short-term rental accommodations through a temporary rental operator, they yield a 7% return.
Perfect opportunity for investors.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Puerta 05, Esc. 3 | 1,291 SF | Office | $1,108,481 ($858.62/SF) | - |
Unit Puerta 05, Esc. 3
| Unit Size |
| 1,291 SF |
| Condo Use |
| Office |
| Price |
| $1,108,481 ($858.62/SF) |
| NOI |
| - |
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Unit Puerta 05, Esc. 3
| Unit Size | 1,291 SF |
| Condo Use | Office |
| Price | $1,108,481 ($858.62/SF) |
| NOI | - |
| Sale Type | Investment |
| Sale Notes | |
| Fantastic loft-style offices with high profitability located in the Castellana area, directly across from the Four Towers in Madrid. <br> <br> These consist of three spaces totaling 125 m² with direct street-level access, offering the possibility of converting them into three ground-floor residential units, each with direct street access and access to the building's courtyard. <br> <br> The spaces are fully renovated, exterior-facing, bright, and situated right next to a park at the property's doorstep. <br> <br> Currently operated as short-term rental accommodations through a temporary rental operator, they yield a 7% return. <br> <br> Perfect opportunity for investors.</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 | 138,994 SF | Floors | 8 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 17,373 SF |
| Property Subtype | Apartment | Year Built | 1960 |
| Building Class | C | Lot Size | 0.53 AC |
| Total Building Size | 138,994 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 8 |
| Typical Floor Size | 17,373 SF |
| Year Built | 1960 |
| Lot Size | 0.53 AC |
Amenities
- Bus Line
Site Amenities
- Close to Public Transportation
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Matterport 3D Exterior
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Photos
Street View
Street
Map
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Paseo Castellana, 274
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