- 27,285,000 €
- 4.7% yield
- Madrid (city) Apartment building 12,000,000 €
- Basic parameters
- Photo
№ 2,551,986
All photos
Apartment building 1,317 m² in Madrid (city)
12,000,000 €
9,111 € /m²
- Apartments —
- Yield —
- Constructed —
- Price per key —
Key project parameters
- Total area
- 1,317 m²
- Floors
- 7
Project description
An entire residential building close to Puerta del Sol and Plaza de Santa Ana, with an approved permit for comprehensive residential refurbishment.
- Total built area: approximately 1,317 m²
- Basement, five above-ground levels and attic accommodation
- Principal structural reinforcement, façade works and roof replacement reported as already completed
- Interior refurbishment remains outstanding
- Approved works include a new lift, improvements to common areas and updated building services
- Asking price: € 12M plus a 3% buyer-side fee
This property offers a more direct value-add opportunity, allowing the buyer to complete the interior refurbishment and tailor the residential product to their investment strategy. The approved scheme retains residential use on the upper floors and provides for private offices on the ground floor.
Tenants
- Agreement
- n/a
Location and nearby infrastructure
- Casa de América: 15 minutes
- Retiro Park: 15 minutes
- National Archaeological Museum: 20 minutes
- Mercado de la Paz: 25 minutes
- Gran Vía: 10 minutes
- Círculo de Bellas Artes: 10 minutes
More properties
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- annual yield
- From 15-17%
- investment exit horizon
- 2–3 years
- full support at every stage
- Turnkey deal
How we help investors
Analysing the needs
We use a methodology that enables us to formulate requests and find good deals in the market
Developing a strategy
We analyse all inputs and, with the help of local consultants, propose the optimal form of ownership, tax solutions, and exit strategy for the investment
Providing transaction support
We support the investor from the moment of project selection to the closing of the deal. We offer assistance at every stage, including helping to open a bank account
Helping with management
We can take over the management of your property or recommend a suitable management company
Organising property viewings
We will arrange a visit to the site to view one or more projects
Saving time
At the investor's request, we can arrange a remote purchase with the least possible visits to the country
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