Do you have 150 million euros? The Apple Store at Puerta del Sol can be yours

The owners of the emblematic number 1 of Madrid’s Puerta del Sol have hung the “For Sale” sign. It is the same building in which the only Apple Store in the Spanish capital is located. As far as El Confidencial is aware, the family that owns the property has put it up for sale for 150 million euros.

Exacorp One SL is the true owner of the building that housed the former Hotel Paris , which has been converted into the iconic Apple Store at Puerta del Sol since it opened its doors in 2014. The company has several properties in the capital and would have decided to put the one at kilometer zero up for sale.

Do you have 150 million euros? The Apple Store at Puerta del Sol can be yours
Do you have 150 million euros? The Apple Store at Puerta del Sol can be yours

At Apple this is the Apple Store Puerta del Sol: we have already visited it

The newspaper states that the sales price is between 2% – 2.5% of profitability. In exchange for paying this amount, the new owner would get instead the security of having a tenant like the bitten apple .

Perhaps the most surprising thing for those of us who follow Cupertino’s company closely is to know that he does not own the building. Even more so when it is one so profoundly renovated, while maintaining the essence of its history. Having the building rented out is a common practice to avoid having to pay a high amount of money , as well as relegating the management of taxes and other paperwork to the owner.

If you have 150 million euros, you’d better hurry. The owners of Exacorp One SL, the family of Mexican origin Díaz-Estrada, seem to have found a possible buyer .

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