Hotel 2 300 m² in Community of Madrid, Spain
Spain
€8,70M
Location
Property characteristics
Property parameters
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Total area2 300 m²
Description
Spain Madrid Aparthotel in the center of Madrid Aparthotel with an excellent location in the center of Madrid: a large flow of tourists, a huge demand for rental apartments. Average occupancy rate: 90% Land area: 479m2 Building area: 2300m2 6 floors Fully equipped 33 apartments for rent. There is a tourist license. 2 commercial premises. The building is in excellent condition, renovated. Managed by an operator who pays for the rental of the building. The lease agreement was concluded in 2016 for a period of 5 years with a reservation to be canceled in favor of the owner. Income from rental: 433 604 € (5% per annum) With self-management, income will increase significantly. Price: 8 700 000 + 3.5% agency commission
Updated at: 04/11/2023
Location on the map
Spain
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