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Property description
Two-level commercial unit with a long-term tenant located in one of Madrid’s most prestigious central districts. Lease agreement valid until 2034. Guaranteed yield growth from 5.25% to 5.5%.This leased two-level commercial property is offered for sale in one of the most sought-after areas in central Madrid.
Prime Location:
• Situated in one of the most expensive and prestigious neighborhoods of the Spanish capital
• Just 400 meters from the iconic Serrano Street, home to high-end boutiques such as Cartier, Dior, Louis Vuitton, Tiffany, Gucci, and Michael Kors
• In close proximity to major landmarks including the Bank of Spain, Plaza de Cibeles, Puerta de Alcalá
• Directly across from the National Library of Spain
• Near the National Archaeological Museum and Madrid Wax Museum
• Surrounded by luxury hotels within a 500-meter radius
The property is located in an area with enormous investment potential, where residential property prices average €9,000–€10,000/m², with annual increases of over 18–19% — making it one of the most valuable and fast-growing real estate zones in Madrid.
The property is currently leased to a premium-class wellness center.
Lease Terms:
• Lease signed: June 2024
• Duration: 10 years
• Non-break period: 4 years
• Monthly rent: €14,000
• From June 2026: €14,500/month
• From June 2027: annual rent increases based on the official Consumer Price Index (IPC)
• Community expenses are paid by the tenant
This structure ensures guaranteed yield growth from 5.25% to at least 5.5%.
The unit is located on the lower levels of a historic residential building and features two independent entrances from different streets.
Total built area: 540 m², distributed as follows:
• Ground floor: 310 m²
• Basement level: 230 m²
The tenant is a modern business operating in the fitness and wellness segment. The studio's concept combines high-intensity training programs ("Strength" and "Low Impact"), advanced recovery technologies (including saunas, ice baths, and infrared cabins), and a café-lounge area — making it an attractive hub for those who value physical performance and holistic recovery.
As such, the center represents a compact yet innovative urban wellness club, seamlessly integrating strength training, restorative practices, and a stylish environment for relaxation and wellbeing.
About Justicia District, Madrid
Justicia is a central neighborhood in Madrid, part of the Centro district, located just about 1 km from Plaza Mayor and Puerta del Sol. The population is approximately 18,000 residents.
Investment Appeal:
• Unique mix of beautiful modernist and early 20th-century architecture with a refined urban ambiance reminiscent of Parisian boulevards
• Includes the prestigious micro-neighborhoods of Chueca and Salesas, each with its own distinctive character and upscale appeal
• Surrounded by top cultural institutions: the National Library, Palacio de Justicia, museums, renowned theatres (María Guerrero, Infanta Isabel), and contemporary art galleries
• Premium-level infrastructure: luxury shopping, signature restaurants and cafés, Chueca’s vibrant bars, cultural markets (e.g. Mercado de San Antón)
• Outstanding public transport: intersection of 5 metro lines (1, 2, 4, 5, 10) and Cercanías suburban train stations (Recoletos and Sol) offering quick access to other parts of the city and the airport
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 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
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.
• Directly across from the National Library of Spain
• Near the National Archaeological Museum and Madrid Wax Museum
• Surrounded by luxury hotels within a 500-meter radius
The property is located in an area with enormous investment potential, where residential property prices average €9,000–€10,000/m², with annual increases of over 18–19% — making it one of the most valuable and fast-growing real estate zones in Madrid.
The property is currently leased to a premium-class wellness center.
Lease Terms:
• Lease signed: June 2024
• Duration: 10 years
• Non-break period: 4 years
• Monthly rent: €14,000
• From June 2026: €14,500/month
• From June 2027: annual rent increases based on the official Consumer Price Index (IPC)
• Community expenses are paid by the tenant
This structure ensures guaranteed yield growth from 5.25% to at least 5.5%.
The unit is located on the lower levels of a historic residential building and features two independent entrances from different streets.
Total built area: 540 m², distributed as follows:
• Ground floor: 310 m²
• Basement level: 230 m²
The tenant is a modern business operating in the fitness and wellness segment. The studio's concept combines high-intensity training programs ("Strength" and "Low Impact"), advanced recovery technologies (including saunas, ice baths, and infrared cabins), and a café-lounge area — making it an attractive hub for those who value physical performance and holistic recovery.
As such, the center represents a compact yet innovative urban wellness club, seamlessly integrating strength training, restorative practices, and a stylish environment for relaxation and wellbeing.
About Justicia District, Madrid
Justicia is a central neighborhood in Madrid, part of the Centro district, located just about 1 km from Plaza Mayor and Puerta del Sol. The population is approximately 18,000 residents.
Investment Appeal:
• Unique mix of beautiful modernist and early 20th-century architecture with a refined urban ambiance reminiscent of Parisian boulevards
• Includes the prestigious micro-neighborhoods of Chueca and Salesas, each with its own distinctive character and upscale appeal
• Surrounded by top cultural institutions: the National Library, Palacio de Justicia, museums, renowned theatres (María Guerrero, Infanta Isabel), and contemporary art galleries
• Premium-level infrastructure: luxury shopping, signature restaurants and cafés, Chueca’s vibrant bars, cultural markets (e.g. Mercado de San Antón)
• Outstanding public transport: intersection of 5 metro lines (1, 2, 4, 5, 10) and Cercanías suburban train stations (Recoletos and Sol) offering quick access to other parts of the city and the airport
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 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
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.
IAD Real Estate