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General Oraá 73 / Residential

General Oraá 73 / Residential

Transaction info

Year: 2018

Type of Operation: Sale
Active Type: Residential New Construction

Address: General Oraá 73, Madrid
Surface area: 2,000m2
Vol. Investment: 12 Mill. € 12 Mill.

Buyer: Private Investor
Seller: Private Investor

Description

We advise on the purchase and sale of a 2,000 m2 residential building located at 73 General Oraá Street, in the Salamanca neighborhood. The newly constructed building was sold empty to be put on the rental market.

The building has a total area of:

  • 1,882 m² of living space with 19 dwellings (1, 2 and 3-bedroom)
  • 255 m² of commercial space. 1 commercial space (first floor and basement)
  • 22 robotized parking spaces (1 per dwelling and 3 for commercial premises).

The investment volume of the operation is €12 million.