€1.988.050
~$2,147,094 USD
$4.0K/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 = €1,988, 050.00 PROFITABILITY AND ESTIMATED PROFIT TOTAL REVENUE = €2,387, 000.00 INVESTOR PROFIT = €279,265. 00 INVESTOR ANNUAL ROI = 20.07% INVESTOR ANNUAL IRR = 32.38% We exclusively present a real estate investment project in Carabanchel, Madrid, for the transformation of a series of commercial spaces totaling 535 m², into 11 apartments of 40-50 m². The asset, distributed on a single street-level floor, stands out for its high facade utilization and abundant natural light, allowing for the development of a very attractive final product that guarantees profitability. Strategic location in a consolidated and well-connected residential area, with unmet demand, ideal for a quick turnover model. WHY INVEST HERE: High capital efficiency: Change of use strategy that allows value creation 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 properties. 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/110854759/
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€1.988.050
~$2,147,094