García Paredes 4 / Residential
Transaction info
Year: 2018
Type of Operation: Sale
Active Type: Residential
Address: García Paredes 4, Madrid
Surface area: approx. 2.450m2
Vol. Investment: 8 Mill. € 8 Mill.
Buyer: Grosvenor
Seller: AKM
Description
TC Gabinete Inmobiliario has advised the seller in the sale of the building located in C/ García Paredes 4, Madrid.
The building is currently undergoing a construction project in which a completely new and modern building will be erected, maintaining only its historic façade.
The building, constructed in the 19th century, has a buildable area of 1,863sq. m. sq. m. s/r + 215 sq. m. terrace. The property consists of:
- 8 Dwellings (2 dwellings per floor)
- 2 Duplex penthouses with private terraces
- 1 Commercial premises
- 14 parking spaces (2 basement floors)
The investment volume of the operation is €8 million.