Data updated on 27 August 2026Data updated: 27 Aug 2026
Casco histórico · Alcalá de Henares · Madrid
Former cinema venue in Alcalá historic centre, 730 m²
730 m² commercial building over ground, first and basement floors on Plaza de los Santos Niños, Alcalá de Henares, currently run as a concert hall with a stated 4.3% annual return. Partial residential conversion into around 8 apartments using the under-roof space is flagged as possible.
Reference Muticines-Alcala · On Inmoblia since 27 August 2026 · Published by Aldebaran Inmobiliaria
Specifications
What the advert says about the property: floor area, layout, condition and registry details.
We show the source-reported value for context, but exclude it from calculations until the conflicting evidence is resolved.
- Type
- Retail unit
- Built area
- 730 m²
- Floors in the property
- 3
- Access
- Street level
Fittings and extras
What the property comes with and how much each item weighs in the “Property data” sub-score.
- Street level +15
The advert also mentions:
- Currently operating as a concert hall
- Former Muticines cinema premises
- Ground floor of 345.27 m2
- First floor of 253.37 m2
- Projection room floor of 86.47 m2
- Basement toilets of 42.67 m2
- Basement storage of 2.63 m2
- Cadastrally spans two buildings
- Service entrance from Calle Escritorios
- Corner location
- Possible partial residential conversion into about 8 apartments using the under-roof space
- Stated current yield of 4.3% annually
Free text we could not normalise into a comparable attribute, so it does not score.
How these values score
Municipal momentum
Where the local market is heading.
Rent price index
INE · 2011 base = 100 · yearly
Housing transactions
MIVAU · deals per year
These series describe the municipality's housing market; for this asset they are context for the area, not for its own segment.
Municipal demand
The structural depth of demand in the area.
Registered unemployment
SEPE · yearly average
Average gross income
AEAT · annual tax return
Registered population
INE · yearly population register
Net international migration
INE · immigration − emigration · yearly
Recorded offences
Ministry of the Interior · cumulative
Similar properties nearby
Real references of the same municipality and type, to cross-check rent and price. They are not necessarily active offers.
They let for…
Comparable rentals in Alcalá de Henares, including those already let.
They sell for…
Comparable sales in Alcalá de Henares, including those already sold.
This is a shortlisting pass over the advert's data, not a due diligence report. Before deciding, check the points we cannot verify from here:
- The activity licence granted and the uses planning permits for your intended activity.
- Smoke outlet and ventilation if it is destined for hospitality, and the contracted electrical capacity.
- Whether it is a sale, a leasehold transfer or a rental, the current tenancy position and the cost of fitting-out works.
- The real service charge and, above all, whether any special levies are approved or pending: they appear in the minutes of the last owners' meetings.
- The property's actual IBI: our figure is an estimate from the municipality's cadastral values, not the specific bill.
- Charges, mortgages, seizures or easements in the Land Registry extract.