4-Bed Flat in Madrid, Spain

  • Listed on Airbnb: Since 2017 (4.94 rating)
  • Revenue from bookings: €154,000/year
  • Operating costs: €79,000/year (including rental management)
  • Net profit: €75,000/year
  • Cap rate: 3.84%

Property

This property is nestled in an emblematic building, situated in one of the most tranquil and charming squares in the area, surrounded by the bustling commercial, cultural, and gastronomic scene of traditional Madrid. Its prime location places it adjacent to renowned areas such as Puerta del Sol, Plaza de Oriente, Teatro Real, Preciados, Gran Vía, and Plaza de Callao.

The apartment features a spacious 55m2 living room with a kitchenette. Occupying the corner of the building, it boasts 5 balconies that face South and East, ensuring abundant natural light throughout the day. The kitchen is designed to be versatile, with the option to be separated from the living room by a sliding door concealed in the partition.

The master bedroom suite, spanning 23m2, faces East and overlooks the Plaza de Celenque with two balconies. Additionally, there is an exterior bedroom en suite facing South, featuring a balcony that opens onto Calle Arenal. Two more en suite bedrooms are included, each with windows facing the community patio. The apartment also offers a courtesy toilet, adding to its convenience and functionality.

This residence offers a unique blend of comfort and elegance, perfectly located to enjoy the vibrant lifestyle of Madrid.

Buying costs

  • Transfer tax: €138,000*
  • Notary fees: €1,200*
  • Property tax: €900/year*

*Approximate costs

To schedule a viewing or request more information contact us.