Description
The property with an area of about 2,100 m² consists of 150 parking spaces.
Financial performance
The expected yield is 5%.
Tenants
The new tenancy contract has been concluded for a term of more than 20 years.
Transaction costs
The brokerage fee is 5%.
Location and nearby infrastructure
The property is located in Madrid.
Madrid is the capital and most populous city of Spain. The city has almost 3.3 million inhabitants and a metropolitan area population of approximately 6.5 million. It is the second-largest city in the European Union.
Madrid is the 5th most important leading Centre of Commerce in Europe (after London, Paris, Frankfurt and Amsterdam) and ranks 11th in the world.
Madrid-Barajas International Airport is the largest in Spain; it serves about 45 million passengers annually.
