€ 1 546 000
€ 3 201 per m²
The property is out of date and the price listed may no longer be current.
Commercial property in Madrid, Spain 483 sq.m. No. 153265
483 m2
Square
IV quarter, 1930
Completion date
Parameters
Property Description
Excellent and Unique Investment Opportunity!
Property for sale in Madrid – Adelfas area, Retiro district
A three-story property with a total surface area of 483 m² is offered for sale in the heart of Madrid. It stands out for its great potential and prime location in an area that is constantly increasing in value, with excellent access and visibility.
Located on a street with both pedestrian and vehicle traffic, surrounded by residential buildings, shops, and services. Perfectly connected to the M-30, several bus lines, and within walking distance of Pacifico and Conde de Casal metro stations.
The area combines residential tranquillity with a growing commercial presence, making it ideal for residential use, business, or investment.
The property comprises three floors plus a flat rooftop, with potential for additional construction in accordance with PGOUM regulations. Renovations are required to adapt it for residential use.
Main Features:
- Two independent entrances: one via the community hallway and another with direct street access.
- Ground Floor: 10 rooms (including lobby/reception), 2 restrooms, and a small room with kitchen/shower. Access to upper floors and rooftop via interior staircase.
- First Floor: 6 spacious and versatile rooms.
- Second Floor: 3 rooms + 1 restroom.
- Flat rooftop: includes air conditioning units and a lift machinery room.
Features
Air Conditioners
Statistics
€ 7 860
Price per sq.m.
181
Quality of Life Index
59
Cost of Living Index
Choose a city for comparison
Parameters
Madrid
Rent Per Month
Apartment (1 bedroom) in City Centre
€ 1 341
Apartment (1 bedroom) Outside of Centre
€ 1 043
Apartment (3 bedrooms) in City Centre
€ 2 467
Apartment (3 bedrooms) Outside of Centre
€ 1 635
Buy Apartment Price
Price per square metre in the city centre
€ 7 860
Price per square metre outside the city centre
€ 3 675