Engel & Völkers
New
City street view with cars, pedestrians, and a brick building. Trees line the street, and motorcycles are parked on the sidewalk.

Opportunity: Fully Renovated Apartment with a versatile basement in Berruguete

€350,000
  • 2 Rooms
  • 1 Bedrooms
  • 2 Bathrooms
  • ~123 m² Total surface
  • ~92 m² Living area

Description

This 122.50 m² (1,300 sq ft) apartment, spread over two floors, is an excellent option for both young people looking for their first home and investors seeking a property that is easy to rent and offers high demand and profitability. The layout is designed to maximize every square meter, with an integrated living room and kitchen creating a functional and comfortable environment for everyday living. It features a separate bedroom and a full bathroom, offering greater privacy and comfort compared to a conventional studio apartment. The kitchen comes fully equipped with appliances (washer-dryer combo, dishwasher, oven, ceramic hob, microwave, extractor fan, refrigerator) from Teka or equivalent brands. The 70 m² (760 sq ft) basement offers numerous possibilities, currently serving as a room with a toilet. This practical, low-maintenance apartment boasts a very attractive layout, making it ideal as a permanent residence or for long-term or short-term rentals. It's perfect for those seeking an efficient investment or an affordable first purchase. All this at an attractive and competitive price in one of Madrid's fastest-growing areas.
Features
Air-conditioningBasementBuilt-in kitchenGuest toiletSenior orientedWheelchair accessible
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Engel & Völkers Madrid MMC

Your advisor: Fadi Joueidi

Property ID: W-048H8R

Property details
  • Object type

    Flat

  • Condition

    Top

  • Rooms

    2

  • Bedrooms

    1

  • Bathrooms

    2

  • Number of Floors

    4

  • Total surface

    ~123 m²

  • Living area

    ~92 m²

Energy efficiency information
  • Construction year

    1950

  • Energy efficiency class

    D

  • Energy certificate available

    Yes

  • Final Energy Consumption

    273 kWh/m²a

  • Energy source

    Heat pump

Location: Tetuán, Madrid

Berruguete: a neighborhood with a Madrid soul and future projection Located in the district of Tetuán, Berruguete Vcombines the charm of a traditional neighborhood with a strategic location that makes it an increasingly attractive option. One of its great values is the proximity to the green lung of Rodríguez Sahagún Park, an ideal space for walking, exercising, or simply enjoying outdoor tranquility. A few minutes away are key landmarks of the city such as the Cuatro Torres Business Area, the Plaza de Castilla interchange, and the Paseo de la Castellana axis, placing the neighborhood in a privileged position for both professionals and families. The area has an excellent public transportation network, with several metro and bus lines that conveniently connect with the rest of Madrid. Additionally, Berruguete is undergoing urban transformation that aims for significant growth and modernization in the coming years, making it a promising investment.

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Engel & Völkers Madrid MMC

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