New

Exceptional Character Property with High Returns in Palacio

€1,000,000
  • 4 Rooms
  • 4 Bedrooms
  • 2 Bathrooms
  • ~111 m² Total surface
  • ~111 m² Living area
  • Construction year 1926

Description

Engel & Völkers is marketing this unique property with great character, located on the iconic Cava Baja 24 street in the very heart of Madrid. Situated on a first floor with an elevator, the home stands out for its high ceilings and distinctive architectural features, such as an exposed iron pillar, an elegant arched doorway, and wooden floors that bring warmth to the space. Its layout encompasses four bedrooms, a full bathroom, a functional guest toilet, and an independent kitchen. The spacious living-dining area enjoys magnificent natural light thanks to its exterior balcony and large window, combining traditional charm and space in an unbeatable location.

Features
BalconyElevatorGuest toilet
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Engel & Völkers Madrid MMC

Your advisor: Marta Olivas

Property ID: W-04AK76

Property details
  • Object type

    Flat

  • Rooms

    4

  • Bedrooms

    4

  • Bathrooms

    2

  • Floor

    1

  • Total surface

    ~111 m²

  • Living area

    ~111 m²

Energy efficiency information
  • Construction year

    1,926

  • Energy certificate available

    In progress

  • Energy source

    Decentral heating

Location: Centro, Madrid

The property is located in the heart of La Latina, one of the most iconic, authentic, and sought-after neighborhoods in central Madrid. An environment defined by its historical value, traditional architecture, and a vibrant atmosphere that seamlessly blends the capital's heritage with a modern, cosmopolitan lifestyle. Just steps away from iconic landmarks such as Plaza Mayor, Mercado de San Miguel, and Madrid de los Austrias, the area is famous for its unrivaled gastronomic scene, lively outdoor terraces, and continuous cultural dynamism. Its strategic location also provides every service at your doorstep, excellent public transport connections, and year-round residential and tourist demand, consolidating this enclave as one of the most attractive destinations for real estate investment.

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