Land Plot in Madrid

Residential land plot of 1,310 m² with two reliable tenants. Total yield: 8.12%.

A 1,310 m² land plot is for sale in a residential area of Madrid.

Surroundings:

• High-density residential development;
• Active commercial zone featuring specialty shops, restaurants, a supermarket, and a sports center;
• Industrial zone with warehouses and logistics companies;
• Several green areas, including a park;
• Public transportation nearby, including a commuter train station.

The land plot is divided into two parts, each already leased.

Tenant 1:

• Major national gas station chain;
• Lease signed: June 2017;
• Lease term: 20 years;
• Security deposit: €7,000;
• Monthly rent: €3,941.57.

Tenant 2:

• Family-owned Spanish cuisine restaurant;
• Occupied the premises since 1985;
• Lease is renewed annually;
• Security deposit: €3,600;
• Monthly rent: €3,300.

Total yield: 8.12%.

Tenant 1: Ballenoil (Ballena Azul brand)

Ballenoil was founded in 2010 by a Catalan entrepreneur as a budget car wash chain, later evolving into a major fuel station network across Spain. At its peak growth between 2021–2022, the network had approximately 165 stations nationwide, covering all major autonomous communities—including Catalonia, Madrid, Andalusia, Valencia, Galicia, Extremadura, Castilla-La Mancha, and the Basque Country. By that time, it employed around 350 people.

In 2020, Ballenoil generated approximately €9.5 million in revenue, a €2.6 million increase from the previous year. By 2021, expansion to 165 locations boosted annual fuel sales to 334 million liters, with more than 16 million refuelings (a 42% year-on-year increase).

Ballena Azul operates under a “low-good” model: low prices with guaranteed quality. The operational strategy emphasizes minimal services—average 2–3 staff per station, automated systems, 24/7 fueling, and self-service at night. This model has allowed rapid expansion while maintaining margins and operational efficiency. After acquiring parts of the Cepsa network to scale up to 500 stations by 2027, Ballenoil is seen as a key player in Spain’s affordable and sustainable fuel infrastructure segment.

Tenant 2:

A bar-restaurant that began operations in 1985 in Madrid, recognized as a stable player in the food service sector focused on traditional Spanish cuisine. The establishment targets primarily a local clientele, offering a well-balanced menu at reasonable prices. It follows a classic family-style restaurant format, with an emphasis on regular customers—ensuring steady revenue.

About the Area – Villaverde

Villaverde is a promising southern district of Madrid, located just 9 km from the city center. With a population exceeding 153,000 and a strong presence of residents under 45 years old, the area features high residential density, consistent population growth, and strong housing demand.

Since its incorporation into Madrid in 1954, Villaverde has transformed from an industrial suburb into a residential area with developing infrastructure. The district combines older neighborhoods with renovation potential and new developments aimed at young families and renters.

Recent infrastructure upgrades—such as the modernized Metro Line 3 and direct connections to key transport hubs—enable access to central Madrid within 30 minutes, enhancing its logistical appeal and boosting real estate values.

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 Barcelona — Experts in Commercial Real Estate 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 Barcelona

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.