New

Investment opportunity in Downtown

€298,000
  • 1 Room
  • 1 Bedroom
  • 1 Bathroom
  • ~34 m² Total surface
  • ~34 m² Living area

Description

Engel & Völkers presents this fantastic investment opportunity right in the city center, boasting an unbeatable location on a very quiet street with excellent transport links.

The property is in pristine condition, completely renovated to the highest standards, and comes fully furnished with a kitchen equipped with brand-new appliances.

This cozy interior apartment, measuring 34 sqm according to the land registry, is located on the first floor of a classic building without an elevator. It features an optimal layout that maximizes every inch of space, offering a separate bedroom, a full bathroom, and a modern open-plan kitchen fully equipped and integrated into the living room. The apartment includes full climate control via a ducted heating and cooling pump, ensuring maximum comfort all year round.

It is worth noting that this property has undergone a major and fully guaranteed structural renovation: the floor and ceiling joist structures have been completely renewed with brand-new beams. The entire process includes its corresponding project certified by a registered architect and has been duly reported to the homeowners' association, providing unparalleled peace of mind and structural soundness to the property.

This apartment is a fantastic opportunity either as a personal residence in the heart of Madrid or as a high-yield rental investment.

Features
Air-conditioningBuilt-in kitchenFurnished
engel & völkers shop image

Engel & Völkers Madrid MMC

Your advisor: Raquel Perez Yusta

Property ID: W-04AQA6

Property details
  • Object type

    Flat

  • Rooms

    1

  • Bedrooms

    1

  • Bathrooms

    1

  • Floor

    1

  • Total surface

    ~34 m²

  • Living area

    ~34 m²

  • Flooring

    Laminate

Energy efficiency information
  • Energy efficiency class

    G

  • Energy certificate available

    Yes

  • Energy certificate type

    Consumption certificate

  • Energy source

    Electric heating

Location: Centro, Madrid

Malasaña is one of the most iconic historic neighborhoods in downtown Madrid, currently experiencing a new renaissance thanks to the pedestrianization of its streets, its rich cultural scene, design boutiques, and charming little restaurants.

Just steps away from Gran Vía, Plaza de Callao, and Plaza de España, this location also offers easy access to several metro lines, a commuter train station, and an extensive bus network.

The neighborhood owes its name to the embroiderer Manuela Malasaña, one of the key figures in the Madrid uprising against Napoleonic troops.

It was also the epicenter of the Movida Madrileña, a sociocultural movement that emerged in the mid-1970s during the Spanish transition to democracy. Characterized as a new form of highly innovative expression, it paved the way for prominent artists across all creative disciplines.

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Engel & Völkers Madrid MMC

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