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Ref: IV24431

Building in the center of Madrid

8.000.000 €
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Overview

  • Updated On:
  • October 27, 2022
  • property_bedrooms
  • 0 Bedrooms
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  • 0 Bathrooms
  • property_size
  • 1,465 m2
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  • .

Description

Building for sale in the center of Madrid, 33 apartments, 6% profitability!
• Location: in front of the Royal Palace in Madrid – Palacio Real de Madrid. Historic building from 1920, with a major renovation in 2020.
• Consists of 33 apartments and 2 commercial premises on the 1st floor.
• Total area of ​​the building: 1465 m2.
• Rented by a management company with payment to the owner of 480.000 €/year.
• The apartments are rented out for short term, fully furnished and equipped with electrical equipment.
• Cost: not included 3% real estate agency commission and notary fees).
Excellent investment in the center of Madrid with constant income and high profitability.

Property Details

Property Id : 24431
Price: 8.000.000 €
Property Size: 1,465 m2
Rooms: 33
Ref: IV24431

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