Commercial property 540 m² in Spain, Spain

Spain

$3,72M

$6,885/m²

Commercial property 540 m² in Spain, Spain

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ID: 3535442

Last update: 21/07/2025

Location

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Country

Spain

Property characteristics

Property parameters

Price per m²

$6,885/m²
Total area

540 m²

Description

On sale two-storey commercial premises with a tenant in the prestigious central district of Madrid.

The facility has a strategic location:

in one of the most expensive areas of the Spanish capital;
400 meters from the famous Serrano Street, where fashion boutiques of such brands as Cartier, Dior, Louis Vuitton, Tiffany, Gucci, Michael Kors and so on are located;
in close proximity to the key attractions of Madrid: Bank of Spain, Cibelles Square, Alcalá Gate;
across the street from the National Library of Spain;
The National Archaeological Museum and the Wax Museum of Madrid;
several luxury hotels within a radius of 500 meters.

The property is located in an area with a huge investment potential: the average price of housing reaches €9,000-10,000 / m2, with an increase of more than 18-19% per year. It is one of the most expensive and dynamically growing areas of Madrid in the real estate segment.

The facility is leased for a premium health center.

Terms of lease:

Agreement signed: June 2024;
duration of the lease: 10 years;
period of mandatory execution: 4 years;
Rental cost: 14.000 EUR / month;
the cost of rent from June 2026: 14.500 EUR / month;
Starting from June 2027, rental costs will increase annually, according to the IPC (Consumer Price Index).
The cost of communidad is paid by the tenant.

Thus, the guaranteed increase in profitability from 5.25% to at least 5.5%.

The two-storey room is located on the ground floor of a historic residential building. The room is equipped with two independent entrances from different streets. The total area is 540m2, distributed as follows:

main floor: 310;
basement floor: 230m2.