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Refurbished Luxury Aparthotel In Salamanca Madrid For Sale

Madrid City, Madrid, Spain
Asking Price:
€9,500,000 Furniture / Fixtures included
Turnover:
On request
Net Profit:
On request

An opportunity to acquire a fully refurbished and furnished aparthotel comprising 25 tourist apartments and five parking spaces in Madrid's prestigious Barrio de Salamanca. Offered at €9,500,000, the property provides approximately 1,550 m² of accommodation, parking and storage facilities in one of the capital's established luxury shopping and dining districts.

The building has undergone a complete renovation and is presented in excellent condition. All 25 apartments are furnished and equipped for guest accommodation, with amenities including complimentary Wi-Fi and flat-screen televisions. The property is designated for tertiary accommodation use and comprises two-key tourist apartments intended for short- and medium-stay rentals.

Located in Barrio de Salamanca, the aparthotel benefits from proximity to luxury boutiques, Michelin-starred restaurants and some of Madrid's best-known attractions. Puerta de Alcalá, Palacio de Cibeles and Retiro Park are among the notable destinations in the surrounding area, making the location attractive for visitors seeking convenient access to central Madrid.

The property offers approximately 1,230 m² of apartment accommodation, together with 320 m² allocated to parking and storage. Its existing accommodation designation, fully equipped apartments and recently refurbished condition provide an established property configuration for an incoming hospitality investor or operator.

With 25 furnished tourist apartments, five parking spaces and a sought-after Madrid location, this aparthotel offers a substantial hospitality property investment in Barrio de Salamanca.

Enquire today to request further information about this €9.5 million Madrid aparthotel opportunity and explore the property's accommodation and investment potential.

Property Information

Real Estate:

Real Property Included

Location:

The aparthotel is located in Barrio de Salamanca, one of Madrid's established luxury shopping, dining and residential districts.

The surrounding area is known for its designer boutiques and Michelin-starred restaurants, offering a distinctive setting for short- and medium-stay accommodation.

Nearby attractions include Puerta de Alcalá, Palacio de Cibeles and Retiro Park, providing guests with access to prominent cultural and leisure destinations in central Madrid.

The property's location within Barrio de Salamanca is particularly suited to visitors seeking furnished accommodation close to the capital's shopping, dining and sightseeing attractions.

Premises Details:

The property comprises a fully refurbished aparthotel building containing 25 furnished and equipped tourist apartments, together with five parking spaces.

The building provides approximately 1,550 m² of total space, comprising 1,230 m² allocated to apartments and 320 m² allocated to parking and storage.

All apartments have been renovated and equipped for guest accommodation, with amenities including complimentary Wi-Fi and flat-screen televisions.

The building has undergone a complete rehabilitation and is presented in excellent condition.

The property is designated for tertiary accommodation use and contains two-key tourist apartments intended for short- and medium-stay rentals.

Size in square feet:
Approximately 16,684 sq ft
Planning Consent:

The property is designated for tertiary use as tourist accommodation.

The building comprises two-key tourist apartments intended for short- and medium-stay rentals.

Business Operation

Expansion Potential:

The aparthotel provides an established configuration for short- and medium-stay accommodation, with 25 fully furnished and equipped tourist apartments.

Its location in Barrio de Salamanca offers an opportunity for an incoming operator to develop an accommodation strategy serving visitors seeking access to Madrid's luxury shopping, dining and cultural attractions.

The recently refurbished building, existing tertiary accommodation designation and five parking spaces provide a foundation from which purchasers can assess future hospitality operating arrangements.

Competition / Market:

The aparthotel combines a Barrio de Salamanca location with 25 fully refurbished, furnished tourist apartments and five parking spaces.

Its proximity to luxury boutiques, Michelin-starred restaurants and prominent Madrid attractions provides a distinctive setting for short- and medium-stay accommodation.

The property's two-key tourist apartment classification, existing accommodation use and recently renovated condition further distinguish its offering.

Listed by

Enajena Inmuebles Real Estate Agency S.L