Centro · Aranjuez · Madrid

Operating karaoke bar in Aranjuez centre

€75,000 341 €/m²

Established nightlife business with 220 m² across two floors, licensed for bar and karaoke entertainment. Includes sound equipment, furniture, established clientele and a monthly lease.

Reference 819-SSKS · On Inmoblia since 9 September 2026 · Published by Alfa Béjar 36

The property

Specifications

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

Type
Retail unit
Built area
220 m²
Usable area
200 m²
Toilets
2
Floors in the property
2
Year built
1990
Condition
Good condition
Transaction type
Leasehold transfer
Energy certificate
In progress
Orientation
North
Access
Upper floor
Use / licence
Hospitality
Fittings

Fittings and extras

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

  • Retail or hospitality licence +5

The advert also mentions:

  • Bar and karaoke entertainment licence
  • Central nightlife location
  • Terrace
  • Sound system and microphones
  • Entertainment lighting
  • Furniture and bar fittings
  • Established clientele
  • Two-month deposit
  • Electric water heater
  • Security alarm
  • Hot and cold air conditioning
  • Mains water

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

How these values 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

  • In good conditionNo renovation needed to put it on the rental market.

Against

No notable risks in the available data.

Municipal momentum

Where the local market is heading.

Rent price index

INE · 2011 base = 100 · yearly

+3.3% interanual
125.4 20112014201820212024 110.2 · 2011110.2 · 2011107.4 · 2012107.4 · 2012103.6 · 2013103.6 · 2013101.4 · 2014101.4 · 2014100 · 2015100 · 2015101.1 · 2016101.1 · 2016102.5 · 2017102.5 · 2017105.7 · 2018105.7 · 2018109.6 · 2019109.6 · 2019111.9 · 2020111.9 · 2020114.7 · 2021114.7 · 2021118.1 · 2022118.1 · 2022121.3 · 2023121.3 · 2023125.4 · 2024125.4 · 2024

Housing transactions

MIVAU · deals per year

+6.9% interanual
901 20112015201820222025 430 · 2011430 · 2011411 · 2012411 · 2012239 · 2013239 · 2013326 · 2014326 · 2014479 · 2015479 · 2015561 · 2016561 · 2016708 · 2017708 · 2017780 · 2018780 · 2018675 · 2019675 · 2019589 · 2020589 · 2020871 · 2021871 · 20211,505 · 20221,505 · 2022836 · 2023836 · 2023843 · 2024843 · 2024901 · 2025901 · 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 Aranjuez

Municipal demand

The structural depth of demand in the area.

+1.0%Rent trajectory
0 = flat average annual growth of the municipal rent index (INE)
18%Unemployment rate (approx.)
median 10% unemployed over unemployed + social security contributors (a proxy comparable across municipalities)
+18.0‰Net migration
median 11.9‰ arrivals minus departures from abroad per 1,000 residents · a growing population sustains demand

Registered unemployment

SEPE · yearly average

−4.2% interanual
2,930 20192021202320242026 3,952 · 20193,952 · 20194,483 · 20204,483 · 20204,522 · 20214,522 · 20213,664 · 20223,664 · 20223,501 · 20233,501 · 20233,245 · 20243,245 · 20243,059 · 20253,059 · 20252,930 · 20262,930 · 2026

Average gross income

AEAT · annual tax return

+3.3% interanual
€31,151 20132016201820212023 €25,580 · 2013€25,580 · 2013€25,661 · 2014€25,661 · 2014€25,980 · 2015€25,980 · 2015€26,386 · 2016€26,386 · 2016€26,953 · 2017€26,953 · 2017€27,635 · 2018€27,635 · 2018€28,189 · 2019€28,189 · 2019€28,116 · 2020€28,116 · 2020€28,952 · 2021€28,952 · 2021€30,169 · 2022€30,169 · 2022€31,151 · 2023€31,151 · 2023

Registered population

INE · yearly population register

0.0% interanual
63,040 20112014201820222025 55,755 · 201155,755 · 201155,755 · 201155,755 · 201156,877 · 201256,877 · 201256,877 · 201256,877 · 201257,728 · 201357,728 · 201357,728 · 201357,728 · 201357,792 · 201457,792 · 201457,792 · 201457,792 · 201458,168 · 201558,168 · 201558,168 · 201558,168 · 201557,932 · 201657,932 · 201657,932 · 201657,932 · 201658,213 · 201758,213 · 201758,213 · 201758,213 · 201759,037 · 201859,037 · 201859,037 · 201859,037 · 201859,607 · 201959,607 · 201959,607 · 201959,607 · 201960,332 · 202060,332 · 202060,332 · 202060,332 · 202059,833 · 202159,833 · 202159,833 · 202159,833 · 202159,762 · 202259,762 · 202259,762 · 202259,762 · 202260,668 · 202360,668 · 202360,668 · 202360,668 · 202362,292 · 202462,292 · 202462,292 · 202462,292 · 202463,040 · 202563,040 · 202563,040 · 202563,040 · 2025

Net international migration

INE · immigration − emigration · yearly

−4.2% interanual
1,135 2021202220232024 255 · 2021255 · 20211,015 · 20221,015 · 20221,185 · 20231,185 · 20231,135 · 20241,135 · 2024

Recorded offences

Ministry of the Interior · cumulative

+89.6% interanual
6,925 202420252026 682 · 2024682 · 20241,315 · 20241,315 · 20242,068 · 20242,068 · 20242,816 · 20242,816 · 20243,653 · 20253,653 · 20254,496 · 20254,496 · 20255,279 · 20255,279 · 20256,062 · 20256,062 · 20256,925 · 20266,925 · 2026

Recorded offences (municipalities over 20,000 residents only, from 2024) are territorial context: they do not label an area “safe” or “unsafe”, nor do they measure tenant risk.

Comparables

Similar properties nearby

Real references of the same municipality and type, to cross-check rent and price. They are not necessarily active offers.

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.