Land 1 310 m² Madrid, Spain

Spain, Madrid
$1,24M
$943/m²
;
Last update: 28/03/2026

Location

  • Country
    Spain
  • State
    Community of Madrid
  • City
    Madrid
  • Metro
    Antón Martín (~ 600 m)
  • Metro
    Banco de España (~ 900 m)
  • Metro
    Callao (~ 500 m)
  • Metro
    Chueca (~ 900 m)
  • Metro
    Gran Vía (~ 400 m)
  • Metro
    La Latina (~ 700 m)
  • Metro
    Lavapiés (~ 1000 m)
  • Metro
    Noviciado (~ 900 m)
  • Metro
    Ópera (~ 600 m)
  • Metro
    Plaza de España (~ 1000 m)
  • Metro
    Santo Domingo (~ 700 m)
  • Metro
    Sevilla (~ 400 m)
  • Metro
    Sol (~ 100 m)
  • Metro
    Tirso de Molina (~ 500 m)

Property characteristics

Description

Land for sale with an area of 1.310 m2 in a residential area of ​​Madrid.

Environment:

  • dense residential area;
  • active commercial area represented by: specialty shops, restaurants, supermarket and sports center;
  • industrial area with warehouses and logistics companies;
  • several green areas, including a park;
  • public stops transport, including a short-distance train station.

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

Tenant 1:

  • a large national network of gas stations;
  • agreement signed: June 2017;
  • lease duration: 20 years;
  • deposit: 7.000€;
  • rental cost: 3.941.57€ / month.

Tenant 2:

  • family restaurant with Spanish cuisine;
  • tenant has occupied the premises since 1985;
  • rent renewed annually;
  • deposit: 3.600€;
  • rental cost: 3.300€ / month.

Thus, the total return is 8.12%.

Location on the map

Spain, Madrid
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