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Commercial property 442 m² in Spain, Spain

Spain
$2,61M
$5,905/m²
;
Commercial property 442 m² in Spain, Spain
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ID: 3481822
Property ID on Realting
Last update: 01/06/2025

Location

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  • Country
    Spain

Property characteristics

Property parameters

  • Price per m²
    Price per m²
    $5,905/m²
  • Total area
    Total area
    442 m²

Description

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On sale commercial premises with a tenant in a respectable area of Madrid.

Environment:

  • one of the largest stadiums in Europe - Santiago Bernabeu;
  • Place Castilla;
  • dense residential area;
  • densely populated area with developed infrastructure (bank branches, pharmacies, various establishments, chain supermarkets such as Mercadona and Lidl);
  • several hotels, including the large international chains Melia Hotels, NH Hotels and even the Hilton;
  • educational institutions, including a school and a conservatory;
  • public transport stops, including a metro station across the street.

The property is leased for a restaurant under the following conditions:

  • Agreement signed: January 2025;
  • duration of the lease: 10 years;
  • Mandatory execution: 3 years;
  • Rental cost: 9.500 EUR / month;
  • yield: 5%

The corner two-storey room is located in a high-rise residential building and is equipped with a facade 20 meters long. The unique advantage of the object is the terrace of 100m2. The total area of the room is 442m2, which is distributed as follows:

  • main floor: 228m2;
  • Basement floor: 214m2.

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Spain
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Commercial property 442 m² in Spain, Spain
Spain
$2,61M
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