Profitable commercial property in the center of Madrid

price

1,990,000 €

Profitable commercial property in the center of Madrid

Profitable commercial property in the center of Madrid

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Coldwell Banker Unique presents an attractive commercial premises for sale with total profitability, located on the renowned Calle Mayor in Madrid, one of the busiest and most touristic areas of the historic centre of the capital.

The property has been recently renovated, which guarantees its good state of conservation and functionality, and has a smoke outlet, a highly demanded feature that makes it especially suitable for activities in the hotel and restaurant sector, although it is also valid for other commercial uses.

Currently, the premises are rented and in full operation, with a current five-year contract, of which it is in its second year of validity. The tenant pays a monthly rent of 8,900 euros, which offers the buyer a stable source of income from the first moment.

This property represents an excellent investment opportunity in one of the most sought-after locations in Madrid, combining immediate profitability with the potential for revaluation in an area of constant commercial and tourist activity.
#ref:CBUQ863

Property details

zone

Madrid provincia

area

Madrid ciudad

location

Madrid

district

Palacio

Property type

retail space

sale

1.990.000 €

Reference

CBUQ863

Condition / conservation

refurbished

Energy certificate

Pending

About Palacio

Palacio, Madrid is an iconic area located in the historic center of Madrid, in the Madrid community, known for its excellent quality of life and its proximity to the city's main monuments and tourist attractions. Situated next to the Royal Palace and the Almudena Cathedral, this area offers a unique blend of history, culture, and modernity, making it one of the most sought-after neighborhoods to live in or invest in the capital.

The location of Palacio, in the heart of Madrid, provides access to a wide variety of cultural and leisure activities, from world-renowned museums to theaters and exclusive restaurants. Moreover, the area is well-connected with public transport options, such as metro stations and buses, making it easy to access other parts of the city.

Regarding the real estate market in Palacio, the area is known for offering luxury properties, from modern apartments to historic flats with views of the Royal Palace. Despite being one of the most exclusive neighborhoods, real estate prices in Palacio remain competitive, making it an excellent opportunity for investors looking to acquire properties in the heart of Madrid.

In summary, Palacio, Madrid is a privileged neighborhood with a central location, exceptional quality of life, and a vibrant offer of cultural and leisure activities. The real estate market in this area is known for its exclusivity, making it one of the best options for those who want to live in the heart of Spain's capital.

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Retail spaces for sale in Madrid

Calle de Jorge Juan, 55
28001, Madrid

+34 915 73 52 23

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Coldwell Banker Unique Real Estate

Calle de Jorge Juan, 55

28001, Madrid

+34 915 73 52 23

[email protected]

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