Checking the original advert…
Algete Centro · Algete · Madrid
Reformable commercial unit in Algete
180 m² open-plan commercial unit with 234 m² built area in Algete's historic centre. Former bank branch, offered under a sublease arrangement.
Reference JMC198H · On Inmoblia since 6 September 2026 · Published by Arty Consultores
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
- 234 m²
- Usable area
- 180 m²
- Floors in the property
- 1
- Year built
- 1980
- Condition
- Needs renovation
- Energy certificate
- In progress
Fittings and extras
What the property comes with and how much each item weighs in the “Property data” sub-score.
The advert also mentions:
- Former bank branch
- Open-plan layout
- Sublease subject to owner authorization
- Two-month rent-free period
- Annual CPI rent update
- Market rent review from the fifth year
- Five-year minimum term
- Mother lease term less three months
- Landlord pays common costs and property tax
- Two-month legal deposit
- Additional deposit of two to four months based on scoring
Free text we could not normalise into a comparable attribute, so it does not 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 Algete, including those already let.
They sell for…
Comparable sales in Algete, 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.