Apart-hotel in the center of Madrid Spain Madrid Apart-hotel in the center of Madrid Apart-hotel with an excellent location in the center of Madrid: a large flow of tourists, huge demand for apartment rentals. Average occupancy rate: 90% Land area: 479 m2 Building area: 2300 m2 6 floors Fully equipped 33 apartments for daily rent. There is a tourist license. 2 commercial premises. The building is in excellent condition, renovated. Managed by an operator who pays the building's rent. The lease agreement was concluded in 2016 for a period of 5 years with a cancellation clause in favor of the owner. Rental income: €433,604 (5% per annum) If you manage it yourself, your income will increase significantly. Price: 8,700,000 +3.5% agency commission