Renovation opportunity with 4 balconies in Conde Duque.

Engel & Völkers exclusively markets this magnificent 75 m² property located in one of the most vibrant and traditional areas of the city center: the intersection of Limón Street and Conde Duque Passage. Set in a charming classic 1930 building, this home offers an exceptional foundation for creating a bespoke residence with unique character.

The main appeal of this property is its enviable corner position and its predominantly exterior nature. As it is a true second floor, the property is filled with natural light throughout the day thanks to its four elegant balconies (two facing East and two facing Northwest) and its two additional exterior windows. Cross-ventilation is complemented by three interior windows overlooking the building’s courtyard, ensuring a fresh and bright atmosphere in every room.

The current layout includes a living room, three bedrooms, one bathroom, and a separate kitchen. However, as it requires a full renovation, the space is a true blank canvas offering endless possibilities for redistribution, adapting to the most contemporary comfort and design standards.

The building, which has successfully passed the ITE (valid until 2032), welcomes us with a highly representative and well-maintained entrance hall typical of the architecture of the period, and offers the convenience of an elevator with direct access to the floor. A brilliant opportunity both for those looking to design their ideal home in a neighborhood with an excellent cultural and leisure offering, and for investors seeking assets with high potential for appreciation.

Key features of the property:

• Area: 75 m² as per Cadastre (66 m² living space + 9 m² common elements).
• Floor: True 2nd floor.
• Orientation: East and Northwest (excellent natural light).
• Exterior areas: 4 corner street-facing balconies + 2 exterior windows. (Revisa si son 3 o 4)
• Condition: To be renovated (last update in 1980). Great versatility for a new layout.
• Current layout: 3 bedrooms, 1 full bathroom, and kitchen.
• Climate control: Central heating.
• Building: Classic 1930 building with an entrance hall of great architectural beauty and elevator access.
• Peace of mind: Favorable ITE until the year 2032.
• Costs: Annual IBI of €432.