Building with tourist apartments, in Madrid.

  • € 8 700 000
  • Gastronomy/Hotel For Sale
  • Bedrooms 33
  • Bathrooms 33
  • Lot size 479 sq m
  • Total square 2 300 sq m

Description

Total area - 2 300 sq. m. 0 floor + 5 floor. 33 fully furnished apartments with TV in each apartment and kitchen appliances + 2 commercial premises. The building is renovated. A large flow of tourists. The area of the land plot 479 sq m. The building is located in the historic center of Madrid. The cost of the object - 8 700 000 euros + Commission, in the amount of 2 % of the value of the object. Annual income - 4333 604 euros. Income can be increased by self-management. At the moment, the object is rented by a tourist operator. The term of the lease 2016 + 5 years. The contract can be terminated if the new owner wishes. The occupancy rate is 90 %. There is a tourist license. A great option for investment! The documents are ready to deal. Additional information is available upon request.

Details

  • Listing status: Active
  • Available from: Apr 05, 2019
  • Listing #: 928268

Keywords:

Map

Address:
Latitude / Longitude: 40.416500 / -3.702560

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  • Name: Dmitry
  • Company name: Nord Investment
  • Average visitors rating:
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