Garage in Madrid, Spain 207 sq.m. No. 187788

Property description

For sale: bare ownership of a spacious garage/commercial space of 207 m² with capacity for 8 vehicles, located on Calle Los Collados, Madrid.

The property is transferred as bare ownership, with the current owner (72 years old) retaining lifelong usufruct—that is, the right to use and enjoy the property for life. The buyer will acquire full ownership once the usufruct expires.

This is an investment opportunity designed for investors seeking to establish a position in Madrid's real estate market at a significant discount to the full ownership market value.

The sale price represents approximately 45% discount compared to the estimated market value of full ownership, typical for bare ownership transactions. This allows you to acquire the asset below its current value in exchange for waiting until full ownership is consolidated.

One of the key strategic advantages of this property is its future potential as a garage. Its location is particularly attractive, as most buildings in the area lack communal parking and the neighbourhood has regulated resident parking (green zone).