Prime Commercial Property for Sale in an Exclusive District of Madrid.

This property is strategically located in one of Madrid's most prestigious areas, offering a premium investment opportunity.

Key Location Highlights:

• Situated in a luxury retail district with flagship boutiques such as Gucci, Dior, Louis Vuitton, and Dolce & Gabbana;
• Directly across from a 5-star hotel and surrounded by several others;
• Located at the intersection of Paseo de la Castellana — one of Madrid’s main avenues — and Calle Serrano, the most expensive street in Spain for real estate;
• Two major shopping centers within a 300-meter radius, including El Corte Inglés.

Tenant Information:

The property is currently leased to a well-established national boutique chain.

Lease Terms:

• Lease signed: May 2016
• Lease duration: 12 years
• Monthly rent until May 2026: €23,083
• Monthly rent from May 2026 to May 2027: €23,917
• Monthly rent from May 2027 onward: €25,583
• Property tax (IBI) and community fees are paid by the tenant

As a result, the net rental yield is guaranteed to increase from 3.96% to 4.4%.

Property Features:

This two-story commercial space is located on the semi-basement level of a historic residential building.

Total area: 480 m², distributed as follows:

• Ground floor: 274 m²
• Basement floor: 206 m²

Please note:

The agency commission is not included in the property price and is payable separately. This property is currently available; however, at the request of the owners, visual materials may not reflect its actual condition. Detailed information is provided strictly after formalizing a legal relationship.

Please contact us for further details regarding this investment opportunity.

GG Real Estate — Experts in Commercial Property in Spain

Commercial real estate in Spain, particularly in Barcelona and Madrid, remains one of the most stable and attractive investment segments in Europe. Strong demand, limited supply, and consistent asset appreciation make this market both dynamic and high-yielding.

Effective operations in this segment require deep knowledge of local regulations, transactional standards, and market-specific practices. Transactions are typically executed within a closed professional environment and follow clearly defined protocols.

Our investment process includes:

• Signing of a fee acknowledgment agreement (a standard procedure confirming the seriousness of intent and granting access to detailed information)
• Personal meeting and confirmation of a tailored list of relevant properties, with legal documentation of information transfer
• Individual property viewings accompanied by experienced brokers
• Selection of a property and signing of an LOI (Letter of Intent)
• Legal and technical due diligence (typically within 30 days)
• Final transaction closing before a notary

Why choose GG Real Estate

We are one of the few firms with a headquarters in Barcelona and a representative office in Madrid, fully integrated into Spain’s professional commercial real estate community. Our team of over 70 experts, each with more than 20 years of experience, provides clients with direct access to exclusive off-market investment opportunities that are not publicly listed.

Working with us means gaining strategic access to a closed segment of the market focused on high-return assets — including hotels, buildings, retail and office spaces, development plots, and redevelopment properties.