High Yield Investment Building In The Heart Of Lavapiés

Outstanding residential building located in the iconic neighborhood of Lavapiés, in the heart of Madrid’s Centro district, one of the city’s most vibrant, sought-after and high-performing rental markets. Surrounded by a rich cultural, gastronomic and commercial offering, together with excellent transport connections, this prime location attracts both domestic and international tenants, ensuring strong and consistent demand.
Originally built in 1880, the property preserves the charm and architectural character of Madrid’s historic center while benefiting from modern renovations. The building comprises four floors, without an elevator, and features a mixed-use configuration with commercial premises on the ground floor and residential apartments on the upper levels, providing diversified revenue streams and enhanced investment stability.
The entire property has undergone a comprehensive refurbishment, with all residential units fully renovated, tastefully furnished and equipped, allowing immediate operation without additional capital expenditure. The building is currently operated as a successful short-term rental business, generating recurring income and an attractive, proven return on investment from day one, making it a true turnkey asset.
An outstanding opportunity for investors seeking a fully operational income-producing building with immediate cash flow, significant capital appreciation potential and a prime location in one of Madrid’s strongest and most liquid real estate markets.