Magnificent opportunity with terrace and garage in Chamberi

Engel & Völkers is pleased to present this bright apartment for renovation with a street-facing terrace and garage in a building located in the sought-after Gaztambide-Chamberí neighborhood near Cea Bermúdez, just steps from Santander Park and Parque del Oeste and Moncloa transport hub. The property, approximately 161 m2, is situated on the fourth floor with the height of a fifth floor, due to a mezzanine, in a representative mid-20th-century building without architectural barriers and with direct access to the garage. This is an apartment with great renovation potential as it lacks load-bearing walls and has a very square layout offering multiple possibilities to make the most of and adapt the available spaces according to each person's tastes and needs. A blank canvas to achieve a functional and modern space distribution. In its current layout, a spacious entrance hall provides access to a rectangular-shaped living-dining room with two large windows and a continuous terrace. From this same distributor, you access the kitchen with an office and from here to the service area with a bedroom and full bathroom. This area has a service door that leads to the laundry area and the freight elevator with direct access to the garage. The night area consists of an exterior master bedroom with an en-suite bathroom and walk-in closet, as well as two additional spacious bedrooms and another full bathroom. The building has a favorable ITE, elevator, and a physical doorman, ensuring comfort and security in daily life. Its location in Chamberí makes it an attractive option both for a permanent residence and for investors seeking a property with good returns due to the high rental demand in this area, given its proximity to various public and private universities and hospital centers such as Fundación Jiménez Díaz and Hospital Clínico San Carlos.