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Building with tourist apartments in Madrid!

3.000.000 €
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608
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Description

Building with 12 tourist apartments in Madrid, 3 million euros, 7% profitability.

New renovated building for sale in Madrid, Aravaca area.
  • Building area 604 sq.m
  • Consists of 3 floors. Has 12 tourist apartments.
  • The apartments have all the necessary furniture and licenses for renting out.
  • The completion date for the complete reconstruction is December 2023.
  • Price: 3.0 million euros plus 5% real estate agency commission.

The hotel chain is ready to rent for a period of 10 years with a payment of 210 thousand euros per year, which is 7% profitability.

An excellent investment with high returns in the capital of Spain.

Property Size: 604 m2
Rooms: 12
Parking: On-site car parking
Year Built: 2023
View: Open view
Property REF: BM2828
Air Conditioning
Heating
Close to amenities
Close to transport links
With furniture
On-site car parking

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