Avenida de la Concordia · Molinos, Los · Madrid

Historic building in Los Molinos, 3,668 m²

€1,100,000 300 €/m²

Historic three-storey building with 3,668 m² built area on a 4,992 m² landscaped plot. Vacant and requiring comprehensive rehabilitation, with former hotel and senior-care uses.

Reference 1065 · On Inmoblia since 27 August 2026 · Published by Cavalier Real Estate

The property

Specifications

What the advert says about the property: floor area, layout, condition and registry details.

Some advert data is uncertain

We show the source-reported value for context, but exclude it from calculations until the conflicting evidence is resolved.

Type
Building
Built area
3,668 m²
Usable area
3,600 m²
Plot
4,992 m²
Floors in the property
3
Year built
1910
Condition
Needs renovation
Occupancy
Vacant
Aspect
Exterior
Energy certificate
In progress
Orientation
South
Access
Street level
Fittings

Fittings and extras

What the property comes with and how much each item weighs in the “Property data” sub-score.

  • Exterior-facing

The advert also mentions:

  • Former hotel and senior-care residence
  • Proposed inclusion in the protected heritage catalogue
  • Historical capacity for up to 99 people
  • Comprehensive rehabilitation required for installations, finishes and layout
  • Three-storey Y-shaped building with tower-like upper sections
  • Granite stone façades and exposed wooden beams
  • Controlled parking access for providers and healthcare services
  • Stone perimeter wall with rendered finish
  • Rear open terrace stated as 110 m²
  • Independent empty kitchen
  • Gasoil hot water system
  • Stone façade

Free text we could not normalise into a comparable attribute, so it does not score.

The verdict

What the analysis sees

The specific signals the model finds in this property and its municipality, before going into the score in detail.

In favour

  • Ready to move intoFree of tenants: available to let from day one.

Against

No notable risks in the available data.

Municipal momentum

Where the local market is heading.

Housing transactions

MIVAU · deals per year

−14.5% interanual
53 20112015201820222025 10 · 201110 · 201116 · 201216 · 201243 · 201343 · 201327 · 201427 · 201424 · 201524 · 201524 · 201624 · 201643 · 201743 · 201753 · 201853 · 201855 · 201955 · 201960 · 202060 · 202051 · 202151 · 202175 · 202275 · 202243 · 202343 · 202362 · 202462 · 202453 · 202553 · 2025

These series describe the municipality's housing market; for this asset they are context for the area, not for its own segment.

Investment guide for Molinos, Los

Municipal demand

The structural depth of demand in the area.

Registered unemployment

SEPE · yearly average

−5.3% interanual
195 20192021202320242026 228 · 2019228 · 2019261 · 2020261 · 2020287 · 2021287 · 2021226 · 2022226 · 2022202 · 2023202 · 2023205 · 2024205 · 2024206 · 2025206 · 2025195 · 2026195 · 2026

Average gross income

AEAT · annual tax return

−13.4% interanual
€36,675 20132016201820212023 €30,468 · 2013€30,468 · 2013€30,039 · 2014€30,039 · 2014€30,668 · 2015€30,668 · 2015€31,230 · 2016€31,230 · 2016€30,821 · 2017€30,821 · 2017€30,832 · 2018€30,832 · 2018€34,603 · 2019€34,603 · 2019€32,652 · 2020€32,652 · 2020€33,238 · 2021€33,238 · 2021€42,340 · 2022€42,340 · 2022€36,675 · 2023€36,675 · 2023

Registered population

INE · yearly population register

0.0% interanual
4,781 20112014201820222025 4,562 · 20114,562 · 20114,562 · 20114,562 · 20114,590 · 20124,590 · 20124,590 · 20124,590 · 20124,485 · 20134,485 · 20134,485 · 20134,485 · 20134,374 · 20144,374 · 20144,374 · 20144,374 · 20144,349 · 20154,349 · 20154,349 · 20154,349 · 20154,373 · 20164,373 · 20164,373 · 20164,373 · 20164,345 · 20174,345 · 20174,345 · 20174,345 · 20174,328 · 20184,328 · 20184,328 · 20184,328 · 20184,389 · 20194,389 · 20194,389 · 20194,389 · 20194,433 · 20204,433 · 20204,433 · 20204,433 · 20204,563 · 20214,563 · 20214,563 · 20214,563 · 20214,699 · 20224,699 · 20224,699 · 20224,699 · 20224,786 · 20234,786 · 20234,786 · 20234,786 · 20234,731 · 20244,731 · 20244,731 · 20244,731 · 20244,781 · 20254,781 · 20254,781 · 20254,781 · 2025

Net international migration

INE · immigration − emigration · yearly

+8.3% interanual
26 2021202220232024 85 · 202185 · 2021103 · 2022103 · 202224 · 202324 · 202326 · 202426 · 2024

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 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.