Data updated on 29 August 2026Data updated: 29 Aug 2026
Cortes - Huertas · Madrid · Madrid · 28014
Connected shop and flat in Madrid
Combined 150 m² commercial premises and 123 m² built flat in Barrio de las Letras, with direct internal lift connection. The flat requires renovation and includes two exterior balconies.
On Inmoblia since 29 August 2026 · Published by Remax Action
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 (source, uncertain)
- 288 m²
- Usable area
- 150 m²
- Bedrooms
- 4
- Bathrooms
- 2
- Floor
- primera planta
- Condition
- Needs renovation
- Aspect
- Exterior
- Access
- Street level
Fittings and extras
What the property comes with and how much each item weighs in the “Property data” sub-score.
- Lift
- Heating
- Exterior-facing
- Balcony
- Storage room
- Street level +15
The advert also mentions:
- Connected commercial premises and flat
- Internal lift between levels
- Commercial premises arranged over two floors
- 95 m² street-level floor
- 55 m² basement floor
- High ceilings
- Display area
- Office with goods lift
- Workshop or work area
- Independent kitchen
- Two exterior balconies
- Integrated commercial and residential use
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
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They sell for…
Comparable sales in Madrid, 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.