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COMMERCIAL

Madrid, Madrid, Madrid, Spain

£326,249
€385,000
IAD, Barcelona
PROPERTY TYPE

Commercial Property

SIZE

2,971 sq ft

276 sq m

Key features

  • House area: 276 sqm
  • Condition: Needs recovery
  • Construction year: 1970

Description

Looking for a low-risk asset with high demand and guaranteed capital appreciation in Madrid? We present this spectacular 276 m² ground-floor commercial premises. Formerly a mechanical workshop, it stands out for its completely open-plan layout and excellent ceiling heights, making it the ideal canvas for a cutting-edge, loft-style residential project.

Forget about uncertainties. The property comes with a comprehensive feasibility study conducted by a specialized urban planning law firm, confirming both the technical and legal viability for a change of use into 2 independent homes. This operation is specifically designed to maximize your Return on Investment (ROI) immediately.

The asset's current and future connectivity is simply unbeatable:

Just 400 meters from the Metro station (Line 10), offering a direct link to the financial district.

300 meters from Calle Herrera Oria, featuring multiple bus lines.

Barely 500 meters from the upcoming Fuencarral Sur metro line, part of the approved Madrid Nuevo Norte project—the most significant urban development in Europe. A guarantee of exponential appreciation!

The street is integrated into the new master plan for the Historic Center of Fuencarral, becoming a one-way street (traffic calming and enhanced livability) and adding a new bus stop just meters away. The housing shortage in Madrid makes this conversion a bulletproof investment, whether for resale or rental yield. The full legal report (under NDA) and technical blueprints are available upon request. Don't let this unique opportunity slip away!
REF: 166207

Madrid, Madrid, Madrid, Spain

Approximate location

NEAREST AIRPORTS

Distances are straight line measurements
  • Madrid (Barajas)(International)
    7.0 miles

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About IAD, Barcelona

Ramón Turró, 23 2? planta Barcelona 08005

Created in France in May 2008 by Malik Benrejdal, Jérôme Chabin and Sébastien Caille, IAD is today the largest network of real estate consultants in the country, with thousands of consultants spread across French territory. It was in a garage that the desire was created to create a fully innovative real estate network, with the aim of providing a close follow-up to clients who want to sell, lease or acquire a property, guaranteeing an unparalleled online disclosure while simultaneously revaluing the proffesion of real estate consultant .

The IAD concept is thus based on three fundamental pillars:

- Real Estate: the founders of IAD France are all from real estate;

- The Web: dematerialize the agencies to propose a more competitive service to the client and to provide a work environment optimized for the consultants;

- Network Marketing: create a dynamic network of proximity, based on the sharing and freedom of each consultant can make to evolve his career.

In June 2015, IAD took the first steps in its internationalization with the birth of IAD Portugal. Vincent Morin is now president of the company, sharing management with three other real estate experts who have been part of IAD France since its foundation: Bryan Longet, Tony Ferreira (Portuguese-descendant) and Kader Mouloudji. Among the founders of IAD Portugal are Pedro Pimenta, a businessman who for more than a decade has been recognized for his success in the field of new technologies, and Joël Pereira, who currently signs himself in France as one of the best ROCs in his generation. Six brilliant minds who have come together to bring this innovative project to Portugal, which has been experiencing an absolutely remarkable growth ever since.

Notes

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This is a property advertisement provided and maintained by IAD, Barcelona (reference 247016_166207) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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