Spain
Madrid
Apart-hotel in the center of Madrid
A great option for tourism!
A building with apartments with a tourist license for short-term rental in the historic center of Madrid,
in a place with a very large flow of tourists.
Average annual occupancy rate: 90%
Land area: 479 m2
Building area: 2300 m2
6 floors
The condition is excellent, after repair.
33 apartments with furniture, TV, dishes and household appliances
2 commercial premises
The building is rented by a hotel operator.
The lease agreement was signed in 2016 for 5 years
with a cancellation clause in favor of the owner.
Rental income per year: 433,604€ (4.8% per annum)
You can extend or terminate the contract and conduct business independently.
Price: 9 000 000€
