Cavanilles 29 / Residential

TC Gabinete Inmobiliario advises the purchase of the residential building located in Cavanilles street nº29, in the Retiro-Pacifico district of Madrid.

The building, constructed in 1957, has a total area of approx. 3,207 m², and is composed of ground floor + 8 floors + 1 small basement:

• The first floor is intended for commercial premises + 1 janitor’s apartment (6 premises).
• The remaining floors are for housing (a total of 28 dwellings).

The investment volume of the operation is €8.5 million.