Commercial premises with guaranteed income, Puerta-del-Sol, Madrid

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Spain, Madrid
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111 m²
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2 Baths
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ID ESP274394

€530,000+

111 m²
Elena KozyrevaExpert on real estate and residence permit by investment in Spain
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Spain Golden Visa

€500,000+5+ months

Real estate is eligible for participation in the program and obtaining a residence permit in Spain.

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Cost

Property cost

€530,000+

Distances

Sea 400 km
Infrastructure 100 m
Airport 16 km

Yield and management

Yield

5.2%

Property management

Yes

We will help you sell the object if you decide to exit the investment

Description

For sale are offered commercial premises (restaurant) with large windows in the center of Madrid between two enclaves (near Puerta-del-Sol and Gran Via) with a guaranteed yield of 5.2%. The premises are distributed as follows:

  • level with street area of ​​75 sq. m. with bar, tables and corridor, kitchen leader;
  • basement area 36 sq. m. with two bathrooms for clients as an area for employees.

Many of the city's main attractions are located in this area. Its commercial areas are some of the busiest, sometimes even crowded. This territory has a large number of cafes, restaurants with traditional and international cuisine, museums, theaters, as well as excellent transport accessibility (metro stations, bus routes).

Advantages of the project:

  • rent €2300 per month + taxes
  • new 10-year contract (two years are mandatory)
  • rent-free period: 4 months for renovation
  • property tax €840.52 per year
  • condominium fee

Real estate

Object type

Retail

Object category

Secondary

Object stage

Ready

Permits

Yes

Design features

Ownership

Characteristics

Total area

111 m²

Number of storeys

1

Baths

2

Parking

No

Renovation

Standard

View

City, Road

Properties

Internet
TV

Location