Building Profitability MADRID


PROPERTY NOT AVAILABLE


Reference:
17087-E
Price: 
8 500 000€
2300sqm

PROPERTY NOT AVAILABLE


Description

Description
Exclusive residential apartment building. Extraordinary location in the heart of La Latina neighborhood.
It is a building with extraordinary profitability and with high demand in the area. The neighborhood of La Latina is one of the most famous and well known areas of Madrid. It is formed by 33 houses and 2 premises of distribution and similar size of between 50m² and 110m², the floors are all completely renovated.
Situation Arrendaticia:
• 26 houses are operated by the tour operator
• 2 premises: also rented by the tour operator, are the reception of the building
• 3 houses are rented with rental agreement LAU and at their expiration will pass to tourist
• 4 Homes with old income.
The contract with the operator was signed in 2016 for a period of 5 years. The contract expressly says that in case of sale of the building can be opted for early settlement and the tour operator would have the term of one year to leave the building free and during that period would continue to pay the rent agreed.
Total rent per rent per year € 420,480


PROPERTY NOT AVAILABLE


Location

GoogleAdrees : Barrio Embajadores, 28005, Madrid

PROPERTY NOT AVAILABLE


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