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Calle Desengaño

2,949 SF Retail Condo Unit Offered at $666,958 in 28004 Madrid

Some information has been automatically translated.

Investment Highlights

  • Set of two premises
  • Good communication by public transport
  • In the heart of Madrid

Property Facts

Price $666,958
Unit Size 2,949 SF
No. Units 1
Total Building Size 10,000 - 60,000 SF
Property Type Multifamily (Condo)
Sale Type Investment
Building Class C
Floors 7
Year Built 1900 - 1909

1 Unit Available

Unit Puerta 01, Esc. 1

Unit Size 2,949 SF
Price $666,958
Price Per SF $226.16
Condo Use Retail
Sale Type Investment
Description

Set of two commercial premises with a total area of 274 m2 and distributed in several rooms.
It is located in the heart of the capital of Madrid and where it has excellent connections by public transport, both by metro and bus.
The premises are currently rented and with direct access from the street.

Important Information
The property is transferred leased to a third party and with a possible right of the latter to the preferred purchase of the same. The Property will be transmitted: (i) as a certain, flat-rate body (ii) as a whole, inseparable (iii) in the registry and cadastral state in which it is located (iv) in the physical state, qualities, legal, urban planning, administrative, licensing, protection, conservation and cleaning in which it is located (v) up to date with the expenses and taxes that the Seller is entitled to by law. The Purchaser will assume (i) the physical situation and state of conservation (ii) the urban situation (iii) the discrepancies between physical reality and the registration and cadastral reality or in the housing of the Property (iv) the registration and cadastral adaptation of the Property. The Property will not be responsible for /l (i) the solvency of the tenant or for the conditions of the lease agreement, (ii) the state of conservation (iii) the apparent and apparent defects (iv) the registration or cadastral regularization (v) for the discrepancies in capacity, which may exist (vi) the responsibility for obtaining the certificate of habitability of the Property, unless in the Autonomous Community where the Property is located its delivery is mandatory and (vii) any costs, expenses, fees, duties or taxes that arise from the above. If, at the date of sale, the Property had sued the lessee in court, the purchaser could subrogate that demand, and could not claim any amount from the Property as a result, except for the fees of lawyers and attorneys that had accrued up to the date of the transfer, which, in any case, will be at his expense. The state of occupancy and/or the impediments to the property being freely visited by technicians would prevent: i) its official valuation as required by Order ECO/805/2003, of March 27, so that the property, as long as the employment situation persists, could not be mortgaged. Consequently, mortgage financing could not be established on this type of property, whose acquisition will require the granting of other types of guarantees if financing is requested and ii) the obtaining by the property of the energy efficiency certificate. The sale price of this Property has been determined based on the above circumstances, which have meant a lower value of the property, and which must be expressly accepted by the purchaser when formalizing the transfer of the Property. It is recommended that the buyer obtain professional and legal advice before making the purchase decision.

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Amenities

  • Bus Line

Site Amenities

  • Close to Public Transportation
  • Listing ID: 32398506

  • Date on Market: 7/9/2024

  • Last Updated:

  • Address: 28004 Madrid

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