€ 26,000,000
Commercial for sale in Centro, Madrid city, Madrid
- 1660 m2
Description
We present an attractive investment opportunity in an urban building located in one of the most dynamic and high-demand areas of a major European capital, characterized by strong year-round tourism, commercial activity, and cultural appeal.
The asset benefits from an optimal architectural layout, making it highly suitable for conversion into a 4-star hotel, within a market with strong demand and limited supply.
Asset overview
Size and layout
6 floors + rooftop
Approx. 196 sqm per floor
Total built area: ~1,660 sqm
Basement with potential parking use
Architecture
Façade with large windows
Strong natural light
Suitable structure for hotel conversion
Development potential
The asset offers an ideal configuration for repositioning into a 4-star hotel targeting urban leisure and business demand.
Key feature
Rooftop development opportunity:
Sky bar
Restaurant
Premium chill-out area
This element can significantly enhance the asset's positioning and revenue generation.
Competitive advantages
Prime urban location
Strong tourism and commercial footfall
Established hospitality and F&B environment
Excellent connectivity
Immediate repositioning potential
Investment potential
Conversion into 4-star hotel
Value creation through repositioning
Rooftop as revenue driver
ADR and RevPAR optimization
Strong demand fundamentals
Target investor profile
Hospitality funds and operators
Value-add investors
Urban repositioning strategies
Mid-upscale development
Investment process
NDA required
LOI submission
Technical due diligence
Transaction structuring
Detailed information is available under NDA.
Features
- Commercial
- Build Size: 1660 m2
- Energy Efficiency Rating: In Progress