€ 3,072,000
Commercial for sale in Madrid city, Madrid
- 1049 m2
Description
For sale: commercial premises located in one of Madrid’s most established and high-demand areas, surrounded by residential buildings, offices, hotels and key transport connections.
The surroundings include Plaza de Castilla, major hotel chains such as Melia, NH and Hilton, as well as schools, a conservatory and large supermarkets like Mercadona and Lidl. The area offers a dense population, active pedestrian flow and easy access to metro stations, bus stops and the M-30 highway.
The property is leased to a high-end restaurant under a long-term agreement ensuring stable returns. It occupies the ground and basement levels of a residential tower and has a total built area of 1,049 m² (423 m² on the main floor and 626 m² on the lower floor).
Initial yield: 5%, with guaranteed growth to at least 5.5% over time.
Features
- Commercial
- Build Size: 1049 m2
- Energy Efficiency Rating: In Progress