City Center Madrid 28013 Spain
Madrid, Community of Madrid 28013
Spain
CO-EXCLUSIVE

Property

Ownership: Mixed Use
Type: Palazzo / Palazzin
Pets: Pets Allowed

Financials

Price:€84,000,000
($96,796,560)
Calle de San Andrés 16, Madrid 28004, Spain

Description

PALACE MADRID - SEVILLA-SOL DISTRICT

Exclusive investment opportunity: a majestic palace very close to the Four Seasons, in a prime location in the heart of the city. This building was acquired a few years ago as an investment for expansion, and it has an active tourist accommodation license, with the possibility of upgrading to a hotel license, opening up a range of high-potential uses.

The property is in excellent condition and is currently used as office space, which ensures its upkeep and preservation. Its classic style and heritage value give it a unique appeal, and its annual appreciation ensures a solid, long-term investment.
This is a unique asset, aimed at those seeking exclusivity and growth potential.

TOURIST LICENSE: Active tourist accommodation license with the possibility of upgrading to a hotel license.

SALE PRICE:€84,000,000

(In-person meetings require an LOI + Proof of Funds.)

Exposures

  • East
  • North
  • South
  • West

Neighborhood

More listings:

Palace in Madrid investment OFF MARKET


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.