€379.321
~$409,667 USD
$3.8K/m² price per m²
, Carabanchel, Madrid, Spain
Listed NaN years ago
INVESTORS ONLY = Opportunity to change the use of a commercial space to residential in Madrid Capital TOTAL INVESTMENT TICKET = €379,320. 48 PROFITABILITY AND ESTIMATED PROFIT TOTAL REVENUE = €434,000. 00 INVESTOR PROFIT = €38,275. 66 INVESTOR ANNUAL ROI = 14.42% INVESTOR ANNUAL IRR = 23.02% We exclusively present a real estate investment project in Carabanchel, Madrid, to convert a 108.69 m² commercial space into two residential units of approximately 45 m² each. The property, located at street level and on a single floor, offers a good facade width and ample natural light, characteristics that facilitate the development of very attractive homes for the market with high profitability potential. It is located in an already consolidated residential area with good connections, where there is strong housing demand, making it an interesting option for investment strategies with a quick exit. WHY INVEST HERE: High capital efficiency: Change of use strategy that allows value generation without the need for land acquisition or new construction development. Reduced timelines: Shorter investment cycle duration compared to traditional developments. Proven demand: Strong absorption of small and medium-sized housing in the area, especially for renovated products. Technical and urban planning security: Project analyzed according to current regulations, with feasibility for segregation and facade modification. Contact: For more technical details or to arrange a presentation meeting: Ref: Commercial space to residential. Carabanchel.
Idealista
https://www.idealista.com/inmueble/110857133/
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€379.321
~$409,667