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Buy a property in Madrid for less than 500,000 euros

Now that the real estate market has recovered in our country, it has once again returned to present itself as an excellent investment. Madrid is one of the cities that is experiencing this reality, as shown by the upward trend in the sector, regardless of whether they are new or resale homes.

Despite this growing pace, it is still possible to find excellent opportunities and buy a house in Madrid at a price below 500,000 euros. Therefore, the best idea is to visit the offices of a real estate agency such as Engel & Völkers, a world-leading brokerage service with over 40 years of experience, which has a large portfolio with properties as interesting as the following:

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Foto: © Engel & Völkers Madrid

In the heart of Madrid, in the area of ​​Embajadores, is this outstanding 1949 flat that has retained its original charm with features like mouldings and mosaic floors in a restored building. In its 101 sqm, it houses 3 bedrooms and is equipped with bright and airy rooms. The location is excellent, in a neighbourhood characterised by its multicultural and cosmopolitan diversity, immersed in an intense commercial appreciation..

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Foto: © Engel & Völkers Madrid

Those who want to buy a property in Madrid near the emblematic Retiro Park have the opportunity to become the owner of this splendid 90 sqm penthouse, equipped with a spectacular terrace of 24,4 sqm. Located in Doctor Esquerdo Street, one of the main arteries of the capital, the property dates from 1960 and is in perfect condition. With a bedroom, a very bright living room, air conditioning and gas heating, the penthouse is in an area with ​​great commercial offers and very well connected to the rest of the city.

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Foto: © Engel & Völkers Madrid

The location also defines this flat which is in excellent condition, in Trafalgar Street, near the district of Chamberí. Located on the third floor of a 1950 building, it has a very good floor layout in its 60 sqm of living area. There are 2 bedrooms, a bathroom, a bright living room and fully equipped kitchen. The area has all the amenities and good transport links with the rest of the city.


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Foto: © Engel & Völkers Madrid

When buying a home in Madrid, you must also take into account the investment opportunities such as those offered by the new-build properties in San Pascual, near the unbeatable locations, Arturo Soria and its shopping centre "Arturo Soria Plaza". It is an outstanding duplex of about 66.5 sqm, with 2 bedrooms and bathrooms as well as parking space and storage room. It has exclusive green areas and swimming pool.

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Foto: © Engel & Völkers Madrid

In the neighbourhood of Prosperidad, in the district of Chamartín, you will find this 2 bedroom apartment with an area of ​​72 sqm, situated in Clara del Rey Street, surrounded by excellent amenities. This 1971 property is located on the sixth floor and was renovated five years ago.

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Foto: © Engel & Völkers Madrid

On the outskirts, but with excellent connections with the centre of the capital, Engel & Völkers offers this 3 bedroom, 2 bathroom flat in the heart of Las Rozas. This area is known for its quality of life in the northwest of the Community of Madrid. The property has 103 sqm of living area and is located on the third floor of a building with only a few neighbours. It is favoured by its splendid bright and airy rooms.

If you would like more information on these modern properties please contact us by calling 91 277 45 00, or by writing to Madrid@engelvoelkers.com or visiting one of our offices in Madrid (27 Genova Street), Alameda de Osuna (40, Tampico), Aravaca (167 Avenida Valdemarín,), Pozuelo de Alarcón (9 Avenida de Europa,) and Las Rozas (32 Londres).

Engel & Völkers

Madrid
Génova, 27 - 5th floor
28004 Madrid
Spain
Phone
+34 91 277 45 00

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