Apartment with tenant for sale in the historic center of Madrid.
The facility has a strategic location:
- in the area with the highest commercial activity in the whole city;
- Chueca Square;
- San Anton City Market;
- 400 meters from the main avenue of Gran Via;
- 700 meters from the Bank of Spain and the main square of the city;
- countless hotels, including Hyatt, Petit Palace and Pestana CR7
- Metro station across the street from the premises.
Terms of lease:
- contract signed: October 2024;
- duration of the lease: 10 years;
- period of mandatory execution: 2 years;
- Rental cost: 3.350 EUR / month;
- 5.1 percent return.
Thus, the yield growth from 5.32% to at least 5.6% is guaranteed.
The room is located in a historic residential building and is equipped with a bright facade, 5 meters long. The total area is 72m2, which is distributed as follows:
- ground floor: 52m2;
- Ground floor: 20m2.
Chueca (Justicia) is not just a district in the center of Madrid, but a real symbol of freedom, cultural avant-garde and investment attractiveness. Located between the streets of Fuencarral, Ortales and Gran Via, Chueca has over the past decades developed into one of the most dynamic and sought-after areas of the capital. It harmoniously combines historical architecture, modern art spaces, boutiques, gastronomic establishments and rich nightlife.
The area is famous for its cultural events, including the Visible Festival, and is a place of attraction for creative individuals and investors. With its well-developed infrastructure, including metro stations and proximity to major transport arteries, Chueca is an ideal place to invest in real estate, start a business or live in the heart of Madrid.
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