Apartment with great potential on Españoleto Street

€640,000
  • 2 Rooms
  • 2 Bedrooms
  • 1 Bathroom
  • ~73 m² Total surface
  • ~73 m² Living area
  • Completion expected September 2026

Description

Discover the possibilities of this bright 73 sq. m exterior apartment, an ideal blank canvas both for those looking to design a custom home and those seeking a solid investment. Its size, highly in demand in the area, offers an excellent starting point for a full and functional renovation.

Situated on the third floor, the property stands out especially for its south-facing orientation, guaranteeing a steady flow of natural light and warmth throughout the day. The main living area also features a street-facing balcony, a key architectural element that facilitates cross-ventilation and maximizes indoor brightness.

The current layout consists of two bedrooms and one full bathroom. As a property ready to be updated, it offers total freedom to redesign the space from scratch. This flexibility allows the home to be adapted to any buyer's needs, whether by creating more open-plan areas or prioritizing the practicality of each room.

Financially, the property benefits from low community fees, a key advantage for keeping fixed costs under control. Regarding the building's accessibility, it is important to note that while it currently does not have an elevator, its installation has already been approved by the homeowners' association and will be carried out in the near future. This imminent improvement will not only provide ultimate everyday convenience but will also result in an automatic increase in the property's market value.

Living on Españoleto Street means enjoying a quiet, well-established residential environment without sacrificing the convenience of having local shops, restaurants, and an excellent public transport network right at your doorstep. A fantastic opportunity to bring a new project to life in one of the city's most pleasant and highly sought-after locations.

Features
Air-conditioningBalconyBuilt in wardrobe
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Engel & Völkers Madrid MMC

Your advisor: Pilar Perez

Property ID: W-04B94X

Property details
  • Object type

    Flat

  • Rooms

    2

  • Bedrooms

    2

  • Bathrooms

    1

  • Floor

    3

  • Total surface

    ~73 m²

  • Living area

    ~73 m²

  • Usable surface

    ~73 m²

  • Flooring

    Wooden floor

Energy efficiency information
  • Construction year

    1863

  • Energy certificate available

    In progress

  • Type of heating

    Radiator

  • Energy source

    Electric heating

Location: Chamberí, Madrid

Located in the prestigious Chamberí neighborhood of Madrid, this luxury property is ideal for those seeking a combination of sophistication and convenience. Chamberí is renowned for its elegant atmosphere and its proximity to the city's main points of interest. The area is perfect for professionals and families who value both tranquility and accessibility.

The infrastructure in Chamberí is unparalleled, featuring an excellent public transport network that includes nearby metro stations such as Alonso Cano and Gregorio Marañón, connecting to the rest of the city in minutes. Additionally, it is just a 15-minute drive from the Adolfo Suárez Madrid-Barajas Airport, facilitating international travel.

When it comes to leisure, the area offers a wide variety of activities. From the charming Parque del Oeste, ideal for a relaxing stroll, to a vibrant cultural scene with theaters and museums like the Sorolla Museum, just a short walk away. The area also boasts a rich gastronomic scene, featuring renowned restaurants and cozy cafes.

Chamberí stands out for its classic architecture and exclusive atmosphere. Living here means enjoying the peace of a residential neighborhood without sacrificing the amenities of a major city. This exceptional location offers the perfect balance between luxury and comfort, promising an incomparable quality of life in the heart of Madrid.

Floor plan

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