Modern apartment with a glass dining table, grey sofa, red staircase, and kitchen area with patterned tile flooring.

Excellent investment opportunity in La Latina

€470,000
  • 2 Rooms
  • 2 Bedrooms
  • 2 Bathrooms
  • ~72 m² Total surface
  • ~72 m² Living area

Description

Engel & Völkers exclusively presents this 72 m² home (built area, including common elements), located on the first interior floor of a typical 1930 building, representative of the area’s traditional architecture.

The property stands out for having been divided into two apartments. Each has an independent mezzanine fitted out as a sleeping area, with access to a terrace for the private use of both units.

The layout has been designed to make the most of every square meter. The new owners may choose among different options: a full renovation to convert it back into a single home, or to keep the current layout, living in one and renting out the other to obtain high returns.

This property is ideal as a first home for singles or couples who value its prime location, from which to enjoy all the cultural, gastronomic and leisure offerings of the capital. Likewise, its low maintenance costs, excellent state of preservation and attractive style also make it an outstanding investment opportunity.

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Engel & Völkers Madrid MMC

Your advisor: Begoña Arnaldo

Property ID: W-049XCJ

Property details
  • Object type

    Flat

  • Rooms

    2

  • Bedrooms

    2

  • Bathrooms

    2

  • Floor

    1

  • Total surface

    ~72 m²

  • Living area

    ~72 m²

Energy efficiency information
  • Energy certificate available

    In progress

    Location: Centro, Madrid

    Judería, a traditional district of “Manolos” and “Manolas,” of Cervantes, of the Teatro Variedades; an area of bohemian artists, a source of culture, leisure, and history in the very heart of Madrid. A place to enjoy one of the neighborhoods with the highest density of bookshops, theaters, and art galleries, such as the Valle-Inclán Theatre, La Casa Encendida, the Film Archive, or the Reina Sofía.

    Streets we see growing younger by leaps and bounds, increasing the value of their homes.

    With excellent metro connections, very close to the Puerta de Toledo and La Latina stops, five minutes from Atocha Station, and with easy access to various bus and taxi stops, just steps from Plaza Mayor and the emblematic Puerta del Sol.

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