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Avenida Peseta

1,668 SF Retail Condo Unit Offered at $487,119 in 28054 Madrid

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Investment Highlights

Large corner façade with large windows
Expected return of 4.23% per year and end of contract for 29/09/2032

Rented for an approximate rent of 2,100€ per month
A few meters from the La Peseta metro

Property Facts

Price	$487,119	Sale Type	Investment
Unit Size	1,668 SF	Building Class	B
No. Units	1	Floors	7
Total Building Size	> 50,000 SF	Year Built	2000 - 2009
Property Type	Multifamily (Condo)	Parking	Yes
Property Subtype	Apartment

Price	$487,119
Unit Size	1,668 SF
No. Units	1
Total Building Size	> 50,000 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment
Sale Type	Investment
Building Class	B
Floors	7
Year Built	2000 - 2009
Parking	Yes

1 Unit Available

Unit Puerta L1, Esc. 1

Unit Size	1,668 SF	Condo Use	Retail
Price	$487,119	Sale Type	Investment
Price Per SF	$292.04

Unit Size	1,668 SF
Price	$487,119
Price Per SF	$292.04
Condo Use	Retail
Sale Type	Investment

Description

Profitable sale of a large corner space of 155 m2 located on one of the main avenues of the Buenavista neighborhood.
Excellent location in a busy area of Carabanchel, very close to the La Peseta metro station and with multiple services (schools, children's areas, health center, etc.) and surrounding commercial establishments (banks, supermarkets, pharmacy, bars and restaurants, etc.).
The place has excellent visibility and has a two-street façade with large windows. It has pre-installed air conditioning and has two full bathrooms that are in good condition.
Easy and quick access to the M-40 and R-5.
*Approximate rent of 2,100€ per month. Expected return of 4.23% per year. End of contract: 29/09/2032.

** *This property is linked to a lease agreement and cannot currently be visited because it is occupied by the tenant. The lease agreement may be delinquent or may have expired, but not terminated. The creditworthiness of the tenant or the payment of future rents is not guaranteed. **