Apartment house in Madrid

€ 50,000,000

Description

Building in the center of Madrid.
The landmark building was built in 1922. 7 floors. Building area - 4,807 sq. m. Land plot of 708 sq. m. One apartment on each floor. Commercial space on the first floor.
Madrid is the capital and largest city of Spain, as well as the administrative center of the province and Autonomous community of the same name. The municipality is part of the district (Comarca) of the area Metropolitana. The largest economic, political and cultural center of the country.
The building has a great location, next to the us Embassy.
The cost of the building is 50,000,000 euros. The building can be sold without tenants. The building is sold as a whole, without the possibility to buy separate floors. If you buy a company that owns the building, it will cost 45,000,000 euros. The documents are ready for the transaction. Additional information is provided when the LOI and POF are provided by the potential buyer.


Property details

Floor
7
Type of location
City center
Number of premises
30
Currently functioning
1
Ownership type
Proprietary
Payback period
5 %
Year of construction
1922

Location

Madrid

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