Price: 8,700,000 EUR
The area of the land is: 479.00 m2. The price of this real estate is: 8,700,000 EUR.
Total area - 2 300 sq. m. 0 floor + 5 floor. 33 fully furnished apartments with TV in each apartment and kitchen appliances + 2 commercial premises. The building is renovated. A large flow of tourists. The area of the land plot 479 sq m.
The building is located in the historic center of Madrid.
The cost of the object - 8 700 000 euros + Commission, in the amount of 2 % of the value of the object. Annual income - 4333 604 euros. Income can be increased by self-management. At the moment, the object is rented by a tourist operator. The term of the lease 2016 + 5 years. The contract can be terminated if the new owner wishes. The occupancy rate is 90 %. There is a tourist license. A great option for investment! The documents are ready to deal. Additional information is available upon request.
Property Details
Location |
Madrid, ES |
Property type |
Commercial for Sale |
Date Posted |
2019-11-12 10:21:31 |
Last Changed |
2019-04-04 17:08:39 |
Built area |
2300.00 m2 |
Land area |
479.00 m2 |
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