Palace in Madrid investment OFF MARKET


Property

Website:https://www.nestseekers.com/4734776
Address:
City Center Madrid 28013 Spain
Madrid, Community of Madrid 28013
Spain
Ownership: Mixed Use
Type: Palazzo / Palazzin
Pets: Pets Allowed

Financials

Price:€84,000,000
($98,705,000)

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

Contact

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Calle de San Andrés 16, Madrid 28004, Spain

Centro, 28013 Madrid, Spain