Commercial premises with guaranteed income, Puerta-del-Sol, Madrid

This property qualifies for the Spain Golden Visa programme. Spanish residency via real estate investment.

Available for purchase are commercial premises (restaurant) with large windows in the center of Madrid between two enclaves (near Puerta-del-Sol and Gran Via) with a guaranteed rental yield of 5.2%. The premises are distributed as follows: level with street area of ​​75 sq. m. with bar, tables and corridor, kitchen leader;
basement area 36 sq. m. with two bathrooms for clients as an area for employees. Many of the city’s main attractions are situated in this area. Its commercial areas are some of the busiest, sometimes even crowded. This territory has a large number of dining venues and restaurants with traditional and international cuisine, museums, theaters, as well as excellent transport accessibility (metro stations, bus routes).
Advantages of the development: rent €2300 per month + taxes
new 10-year contract (two years are mandatory)
rent-free period: 4 months for renovation
property tax €840.52 per year
condominium fee