Apartment for sale in Madrid city, Madrid

An excellent investment opportunity in the Canillejas–San Blas neighborhood: two tourist studio apartments on Calle Eduardo Terán, fully renovated and furnished, ready to generate immediate returns through short-term vacation rental.

Layout
These are two independent ground-floor studios, each approximately 50 m² built. Unit 1A has 52.50 m² built (46.53 m² usable), with a spacious 43.35 m² living-dining-kitchen area and a 3.18 m² bathroom. Unit 1B offers 48.50 m² built (42.85 m² usable), with a 39.80 m² living-dining-kitchen area and a 3.05 m² bathroom. Both units have independent entrances, are fully furnished, and have a tourist license in process, as well as segregation (subdivision) underway.

Highlights
The asset is offered with an already structured business model: conservative estimates point to annual revenue of €35,000, with net income of €25,000 after operating costs (OTAs, utilities, cleaning, property tax), representing a 7.15% ROI on the €350,000 sale price. Projections are calculated on 80% occupancy and an average daily rate (ADR) of €120/night, considered conservative relative to actual values in the area.

Neighborhood and surroundings
Canillejas–San Blas is one of Madrid's districts with the highest projected public investment growth in 2026, with a 72.7% budget increase. The location is strategic: 10 minutes from Adolfo Suárez Madrid-Barajas Airport, next to IFEMA Madrid, the Metropolitano Stadium, the University of Navarra (postgraduate and clinical campus), and the Julián Camarillo Technology District. The future Madrid F1 Circuit and the new Municipal School of Digital Talent further boost the area's appeal for a high-demand corporate, sports, and tech guest profile.

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