Online Real Estate Agency in Madrid Spain

Listing Number: 0101-819062

Description

Excellent opportunity to own a niche website/real estate agency specializing in international buyers moving to and investing in Spain. Established since 2013 and absentee-owned since 2017. There are several reoccurring income streams including commissions from partners (70K€ in total in 2019 = 30% of sales) and low fixed monthly expenses. One key employee/manager in addition to several freelance collaborators, all with little owner involvement. This is a high-margin operation with an ongoing organic funnel of leads via the website. The site is currently ranked within the top Google sites for Madrid real estate, with over 250,000-page views-year, and 20,000 unique hits per month. *Note: Spain has very relaxed licensing requirements making it easy to enter the industry. Also note that all figures including price are in €uro currency.

Listing Details

  • Price: $240,000
  • Down Payment: $200,000
  • Sellers Discretionary Earnings: $116,586
  • Total Sales: $251,075
  • Location: Madrid, Comunidad de Madrid

  • Inventory: $0
  • FF&E: $500
  • Employees: 1
  • Year Established: 2013
  • Reason for Selling: Relocation/Family
  • Category: Real Estate Related
Online Real Estate Agency in Madrid Spain

Contact Agent:

Thomas R Milana, P.A. CBI
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