Chamartín Apartments CONDO FOR SALE


Madrid, MAD 28016
$7,300,000 USD
, Madrid, MAD for Sale
$7,300,000 USD
Apartments CONDO - FOR SALE
1/4
null | 4.52% Cap Rate

Chamartín
Madrid, MAD 28016


HIGHLIGHTS

  • Area with high pedestrian and vehicle traffic.
  • Several metro and bus stops nearby.

OVERVIEW

Commercial property for sale with profitability located in the Chamartín district, next to República Dominicana Square and very close to Berlin Park. Net profitability of 4.52% until 2026, increasing to 4.92% for the remainder of the contract. The property is situated on one of the main arteries of Príncipe de Vergara Street, a residential area with a variety of shops and hospitality businesses. Additionally, it boasts excellent public transportation connections, being very close to the metro stations of Colombia, Nuevos Ministerios, and Avenida de América, as well as a wide range of urban bus lines.

FOR SALE DETAILS

PRICE

$7,300,000 USD

PRICE/SF

$613 USD /SF

CAP RATE

4.52%

# OF UNITS

1

CONDO SIZE

-

% LEASED

100%

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chamartín

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

52,753.924 SF

STORIES

8

BUILDING CLASS

B

YEAR BUILT

-

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

2789502VK4728H

ASK ABOUT THIS PROPERTY

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