Pº de la Castellana 128 en
Transaction info
Type of transaction: Investment opportunity
Type of property: Residential space
Address: Paseo de la Castellana 128
Location: Madrid
Current available area: 589.28 m²
The asking price for the property is €5 million (€10,255/m² of living space and €2,563/m² of private terrace, weighted at approximately 25%).
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Description
Opportunity to acquire a space with the possibility of residential use located opposite the AZCA business district at Paseo de la Castellana 128, between Plaza de Lima and Nuevos Ministerios.
According to the property owner, the space for sale has 589.28 m² located on the entire first floor of the building, distributed as follows:
- 450 m² of residential space
- 125 m² of private terrace
- 14.28 m² of covered communal patios
The sale also includes the following in the same building:
- 1 parking space
- 1 storage room
Annual property expenses currently paid by the tenant:
- Property tax: approximately €5,468/year
- Waste collection tax: approx. €827/year
- Community fees: approx. €11,413/year
The asking price for the property is €5 million (€10,255/m² of living space and €2,563/m² of private terrace, weighted at approx. 25%).
Opportunity to acquire a space with the possibility of residential use located opposite the AZCA business district at Paseo de la Castellana 128, between Plaza de Lima and Nuevos Ministerios.