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

23,000,000 €
8,846 € /m²
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  • Total area
    2,600 m²
  • Yield
    5.0 %
  • Rental rate (m²/month)
    36 €
  • Built in 
    2018
Details
Property parameters
  • Total rooms: 34
  • Hotel rating: 4
Financial performance
  • Annual income: 1,150,000 €
Tenants
  • Fully let
  • End of lease: 2029
Loan
  • Loan size: 60% of the value of the property
  • Rate: 1.9 %
  • Loan term: 15 years
Transaction costs
  • Broker: 5.0 %

Four-star hotel in the city center.

Description

The hotel includes 34 suites.

Average annual occupancy: 95%.

Rating on Booking: 9.6 (Excellent).

Extra opportunities

A Golden Visa can be obtained with the purchase of this property (residence permit for investments).

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Tenants

Is leased to the hotel chain; purchase without a tenant is also possible.

Location

The property is located in the center of Madrid, 300 meters from Serrano street.

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.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

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.

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

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Anna Kurianovich
Anna Kurianovich
Investment consultant in Madrid (city)
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