Overview
- Updated On:
- October 27, 2022
- 0 Bedrooms
- 0 Bathrooms
- 1,465 m2
- .
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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