Sale with the obligation to assume an existing lifelong rental contract.

Investment opportunity on the charming Paseo de las Delicias!

Important: The acquisition of this property includes the subrogation to an existing lifelong lease, offering a long-term investment with income from day one in the heart of the capital.

We present this special home in the center of Madrid. Located on the sixth and top floor of a building with an elevator, this property offers the charm of high ceilings combined with an independent layout that maximizes every corner of its 66 sqm.

Inside this home, you will find two bedrooms, a kitchen, and a bathroom. The pleasant and spacious living room stands out, perfect for gatherings, which opens onto a sunny terrace. This outdoor area provides moments of tranquility with views of a large open courtyard, flooding the entire space with natural light.

Priced at €390,000, this home requires consideration of the taxes and formalization expenses inherent in the purchase which we detail below:

Generally speaking, the Transfer Tax in the Community of Madrid for secondary transfers is 6%, although other tax rates may apply depending on the specific circumstances of the buyer.
The buyer must also settle the taxable base of the tax that results in the highest among the appraisal, cadastral, or sale price.

• Notary and Registry Fees: approximately 0.5%-1%


• Mortgage Expenses: If the buyer requires a mortgage guarantee loan, these will depend on the entity to which it is requested. These include bank appraisal, management fees, and any other expense inherent to the purchase that legally corresponds to the purchasing party, unless agreed otherwise with the selling party.


• Real estate brokerage fees are borne by the seller and included in the sale price.

The consumer will have access to the property documentation and sale conditions as well as any additional information requested for the successful completion of the transaction.