MLS#: 0142-00017

$8,029,893 USD

€7,500,000 EUR

Type
Manufactured
Home/Lot size
214m²
The details

Property features

Date Updated: Apr 16, 2024

Construction details

Year built
1880

Area

Property size
214m²

Description

CENTURY21 Gallery presents an exclusive investment opportunity in the heart of Madrid, in a prime downtown location.Discover this magnificent building, strategically located in one of the city's most trafficked areas, offering investors a unique value proposition with exceptional profitability potential. This property includes three floors available for sale, with two floors fully renovated and designated for student co-living, already generating a steady and attractive income stream. The third floor, ready to be transformed into a modern co-living space, could generate significant additional income.On the ground floor, there is a large, fully renovated commercial space currently leased, providing a stable and lucrative rental income of 8,500 euros per month. This space contributes to the diversification and stabilization of the building's income.We highlight that the purchase of this asset does not generate commissions for the buyer, adding an additional appeal to this already exceptional investment opportunity. The price of this building is extremely attractive given the profitability it offers.Ideal for investors seeking stability and high returns in the center of Madrid, this building not only promises a secure financial future but is also strategically located in an area with high pedestrian traffic and excellent connectivity.For more information or to schedule a visit, please visit our office at Calle Arapiles 17, Chamberí, or contact CENTURY21 Gallery. We are here to assist you at every step and maximize the potential of your investment.

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Location

Madrid Capital
Madrid
Spain