Magnificent property with great potential in Rios Rosas
€950,000
4 Rooms
4 Bedrooms
3 Bathrooms
~156 m² Total surface
~125 m² Living area
Construction year 1952
Description
Engel & Völkers is pleased to present this fantastic 125-square-meter property, located in one of the most sought-after residential areas of Madrid’s Chamberí district.
The home is an outstanding opportunity, ideal both for families wishing to design their dream home to measure and for investors seeking high returns in a prime area of the capital.
Its current layout comprises four bedrooms and three full bathrooms. However, its versatile floor plan allows multiple redistribution options. When undertaking the renovation, spaces could be integrated to create a spacious, bright daytime area with a living-dining room and open-plan kitchen, and the night area could be reconfigured to create an impressive master suite with en-suite bathroom and walk-in closet, making the most of every square meter to suit your needs and lifestyle.
The property is located in Ríos Rosas, one of the most distinguished, quiet, and sought-after neighborhoods in the traditional Chamberí district.
Living in this area means enjoying the peace of an established residential neighborhood, just steps from the capital’s financial center (Nuevos Ministerios and Paseo de la Castellana) and surrounded by outstanding infrastructure. The area stands out for its wide range of prestigious schools, health centers, traditional shops, and boutiques.
In addition, Ríos Rosas offers one of Madrid’s most vibrant dining and leisure scenes (very close to the famous Ponzano Street), as well as large green and sports areas such as Santander Park or the Canal de Isabel II facilities. Connectivity is excellent, with multiple metro and bus lines and quick access to the city’s main thoroughfares.
To arrange a viewing or receive more information about the renovation possibilities of this property, please do not hesitate to contact our team of real estate advisors.