Spain
Madrid
Apartment house - corrala
An apartment building typical of the old part of Madrid - in the corrala style (access to the apartments from a corridor that surrounds the courtyard along the perimeter), in the Embajadores district in the historic center of Madrid.
The building is in good condition, but without an elevator.
The total area of the building is 1450m2
28 apartments, all rented out
Rent can be increased
Rental income currently: 170,000€/year (3.5 % per annum)
Price: 4,900,000€ +5% agency commission
