Engel & Völkers
New
Bright, empty room with herringbone wood floors, white walls, windows, and a fireplace. Spotlights on the ceiling.

Large property for renovation in Nuñez de Balboa.

€2,400,000
  • 4 Rooms
  • 4 Bedrooms
  • 2 Bathrooms
  • ~313 m² Total surface
  • ~313 m² Living area

Description

Engel & Völkers, a luxury real estate agency, offers this excellent opportunity to invest in the best area of Madrid. It is a spacious apartment located on the ground floor of a distinguished 1950s building. With south and east orientation, the house enjoys light for most of the day. Currently, it is designed as an office, as it has been occupied by a fashion showroom. The use is residential, so it can be used as a home or office. This property includes a storage room in the basement of the building. The estate has a representative facade with a large entrance accessible for people with reduced mobility. Although the property does not have a parking space, they can be rented right next to the building. The building has a physical doorman from Monday to Friday. The heating is central with an individual meter. Air conditioning is via split units in each space. In short, this is an opportunity to acquire a spacious property with many renovation possibilities, to convert it into a home or office.
Features
Air-conditioningWheelchair accessible
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Engel & Völkers Madrid MMC

Your advisor: Alejandro Berdud

Property ID: W-02W86Y

Property details
  • Object type

    Flat

  • Condition

    Needs renovation

  • Rooms

    4

  • Bedrooms

    4

  • Bathrooms

    2

  • Total surface

    ~313 m²

  • Living area

    ~313 m²

  • Usable surface

    ~262 m²

  • Flooring

    Wooden floor

Energy efficiency information
  • Construction year

    1954

  • Energy certificate available

    In progress

  • Type of heating

    Radiator

  • Energy source

    Central heating

Location: Salamanca, Madrid

This superb property is located in the heart of the Salamanca neighborhood, in the Castellana area, a district predominantly residential and commercial. It also stands out for its stately facades, which make Madrid one of the most European capitals in terms of classic and avant-garde architecture. The Salamanca neighborhood is undoubtedly one of the most elegant and prestigious residential areas of Madrid and Europe. The place occupies a strategic enclave: a stone's throw from Serrano and Castellana streets, we have excellent communication with the rest of the city thanks to Madrid's main artery, Castellana, whether on foot, by car, bus, or metro. Very close to the U.S. Embassy and the Instituto de Empresa. In this area, on the same street and along Serrano street, just a few steps away, we can find an extensive variety of wonderful restaurants, most with terraces, where you can relax and eat outside, simply stroll or have a coffee. In addition to all the luxury shopping, it offers all the typical neighborhood services just a few meters away, pharmacies, health centers, supermarkets, dry cleaners, etc., allowing all necessary day-to-day shopping to be done on foot with a walk. This area is ideal for lovers of Madrid who like to walk everywhere, without the need to take the car. The pleasure of living in a quiet and comfortable area, in the best part of Madrid.

Floor plan

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Engel & Völkers Madrid MMC

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