New hotel in the center of Madrid, Spain

Additional information is provided after the signing of an NDA

New hotel in the center of Madrid, Spain

1,450,000 €
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A Golden Visa can be obtained with the purchase of this property (residence permit for investments).

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  • Yield
    6.2 %
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Details
Property parameters
  • Total rooms: 11
Financial performance
  • Annual income: 90,000 €
Tenants
  • Occupancy: 100 %
  • End of lease: 2029
Loan
  • Loan size: 50% of the value of the object
  • Rate: 1.9 %
Transaction costs
  • Broker: 5.0 %
Features
  • Internet
  • TV

New hotel near the central railway station Atocha, five minutes walk from the main square of Madrid – the Plaza Mayor!

Description

The hotel includes 11 rooms. All rooms are equipped with air conditioning, a flat-screen TV and Wi-Fi.

The building has a lift.

Customer rating on Booking is 8.9!

Excellent investment offer in the center of Madrid with a minimum initial investment of own funds.

The price is reduced from € 1,500,000!

Financial performance

The absolute annual income is 90,000 €.

The current yield is 6,2%.

Also, the hotel can be purchased without a tenant, for own management. Then the annual income will be 130,000 — 150,000 €, which will increase the yield to 8.6 — 10% per year.

Loan

There is an option to purchase a hotel with bank financing up to 50% of the value of the property. For example, 750,000 € just under 1.9% per annum!

Assistance in obtaining a loan is provided.

Tenants

The lease agreement with the hotel chain is signed for 10 years with a guarantee of payment of € 90,000 per year.

It possible to purchase without a tenant.

Transaction costs

Brokerage fee — 5%.

Location

The property is located in the center of Madrid, near the metro station and the central railway station Atocha. Popular attractions near the hotel include Puerta del Sol, San Miguel Market and the Reina Sofia Museum.

Adolfo Suarez Madrid-Barajas Airport is 17 km away.

Madrid is the capital of Spain and the largest city in the country with a population of over 3 million people. This is a modern and noisy metropolis, located almost in the center of the Iberian Peninsula.

Madrid is an influential cultural center with many international museums, including the Prado Museum, the Reina Sofia Art Center, the Thyssen-Bornemisza Museum and the Madrid Forum, which are in the hundred most visited museums in the world.

Madrid remains the second most important industrial center of Spain after Barcelona. The importance of Barajas Airport and its contribution to administrative and financial activities has recently increased significantly. Road construction and expansion of rail transportation has significantly increased in recent years as well. There are several car factories in the suburbs of Madrid.

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    Location right down to the building, street or city

Statistics in Madrid (city)

Price per m², €
5,076
Healthcare efficiency level
79
Index 79 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
70
Index 70 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 5,076.3
Apartment in a bedroom community, m² 2,723.7
Transport Price, €
Public transport, 1 ride 1.5
Monthly travel card 54.6
Taxi, 1 km 1.05
Petrol, 1 l 1.31
Food Price, €
Water, 1.5 l 0.6
Milk, 1 l 0.8
White bread, 500 g 1.04
Eggs, a dozen 1.58
Chicken fillet, 1 kg 6.34
Education Price, €
Kindergarten, per month 461.88
International school, per year 7,517.39
Health care index
Staff competence 83.33
Medical equipment 88.32
Research accuracy and completeness 77.61
Attitude towards patients 70.65
Security index
Crime rate 25.97
The risk of being robbed 29.49
The risk of car theft 36.92
The risk of break-in and property damage 39.46

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

More properties

If this property wasn’t for you, take a look at other hotels for sale in Spain.

You can see more hotels for sale in Madrid (city) elsewhere on our website.

Repurposing a building into a residence hall with a forward sale in Cologne
  • €2.6M investment amount
  • 10 % yield
  • 2 years project term
Application deadline: January 30

The best development offer

Repurposing a building into a residence hall with a forward sale in Cologne

Application deadline: January 30

  • investment amount €2.6M
  • yield 10 %
  • project term 2 years

Buying and repurposing a building into a student residence with a subsequent sale. Several investors with different shares can participate. Buyers are already interested (Forward Deal).

An apartment hotel with a restaurant, a 11–12 -storey concrete building with a terrace and balconies. Total area — 4,984 m², number of units — 270.

The property is located near the centre of Cologne, 1 km away from the Agnes district. There is a traffic interchange not far from the building, the closest public transport stop is 400 m away. There are 20 different educational institutions within a 3–5 km radius. All the necessary infrastructure facilities are located within walking distance.

The expected rental flow after commissioning — €1M per annum.

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    €100M

    capital placed

    10 years

    in the real estate market

    1,000+

    deals since 2008

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    Enquire about this hotel
    Anna Kurianovich
    Anna Kurianovich
    Investment consultant in Madrid (city)
    +44 17 4822 0039
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      • Bank financing from 2.5% annually
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