Hotel in city Madrid
2300.00 sq.m.

€ 9 000 000

Translated automatically. Show original description.

Spain. Building with license for tourist apartments in the center of Madrid.
The building has two staircases, consists of 6 floors (ground floor+5 floors) has the following residential space and commercial space:
1 - BED APARTMENTS 15
2-BED APARTMENT 13
3 -BED APARTMENTS 4
2 - BED DUPLEX 1
COMMERCIAL SPACE 2
TOTAL 35
TOTAL AREA: 2 300 m2
CONDITION: COMPLETELY RENOVATED
FLOORS: zero +5
DISTRIBUTION: 33 residential + 2 commercial spaces
Apartments used by the operator 28
Used commercial.room operator: 2 for the reception
1 apartment Rented
3 apartments Are on the old lease (individuals of 79-85 years), in one of the apartment contract expires soon
1 apartment Over the old contract rent, and went on the tour.apartments.
OCCUPANCY rate: 90-93%
RENTS: 37 003,98 Euro/month - the 4.93% return
There is a statement that you signed the contract in 2016 for 5 years.
But in the contract the premature termination of the contract with the operator, while the operator will have 1 year to release the building. During this period the operator will pay the agreed rent.
Selling price: 9 000 000 euros.
There is a choice of apartments and houses in various budget, including commercial facilities.

Seller information

Seller type Agency
Company YouLand

Location of the property on the map

Similar offers