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Luksic places prime office building for sale in Madrid
07 May 2019 | Vanessa Sousa

Number 2 Plaza de la Lealtad, located at the heart of Madrid, is on the market. It is an iconic office building currently owned the Chilean family Luksic.

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According to a report from Spanish newspaper El Confidencial this Monday, the Chilean family is already analyzing proposals to buy the asset which were sent two weeks ago.

With this transaction, Luksic hopes to receive between 30 and 50 million euro. This means the selling price should be at least 10 million euro higher than the amount paid to acquire it in 2012, when Spain was already feeling the effects of the real estate crisis.

According to the same newspaper, this 6 floor, 3.000 sqm building with a terrace on the last floor was fully refurbished, which increased its market value.