Land 1 310 m² Spain, Spain

Spain
$1,26M
$959/m²
;
ID: 3543655
Property ID on Realting
Last update: 26/07/2025

Location

  • Country
    Spain

Description

For sale a land plot of 1.310m2 in a residential area of Madrid.

Environment:

  • dense residential area;
  • active commercial area, represented by: specialized shops, restaurants, supermarket and sports center;
  • Industrial zone with warehouses and logistics companies;
  • several green areas, including the park;
  • public transport stops, including short-distance train stations.

The land plot consists of 2 parts, each of which has already been leased.

Tenant 1:

  • a large national network of filling stations;
  • contract signed: June 2017;
  • duration of the lease: 20 years;
  • Pledge: 7,000 euros;
  • Rental cost: 3.941.57 EUR / month.

Tenant 2:

  • Family restaurant of Spanish cuisine;
  • the tenant has occupied the premises since 1985;
  • the lease is renewed annually;
  • Pledge: 3.600 euros;
  • Rental cost: 3.300 euros / month.

Thus, the total return is 8.12%.

Location on the map

Spain
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